GEM g8 education limited

Ann: Update - Dividend/Distribution - GEM, page-15

  1. 1,216 Posts.
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    Good question. It may be zero, less, or more. They did make enough to set a dividend at $0.06 before the virus hit, so they were profitable then, were they not?

    I imagine there will be a gradual return to normalcy whenever the social restrictions are lifted and people start returning to work, some time after May?. So hopefully there might be something of a profit.

    Should the company go belly up before October, what happens then to the deferred divvy? Its gone for good?

    I was counting on that final dividend payment and am disappointed it got deferred but I understand the reasoning. It surprised me though. I thought once a dividend is declared and payment date set, it was not variable. Obviously that's not the case. scratch one assumption about the security of dividends and I am educated further.
 
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