SMH said it would come in at $240 million. Wrong. It is actually $264 million. The difference is that they are not going to payout a dividend above earnings so the divi has been reduced 8% from .339 to .31 which is incidently the predicted earnings per share. Great. I don't like companies paying out dividends more than earnings. In fact if a company is making more than bank interest I want the money reinvested in the company in the form of buy back or a wise core investment.
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- smh article was wrong...$264 million
smh article was wrong...$264 million
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Last
$2.06 |
Change
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Mkt cap ! $8.128B |
Open | High | Low | Value | Volume |
$2.04 | $2.08 | $2.04 | $14.15M | 6.867M |
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No. | Vol. | Price($) |
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2 | 9712 | $2.06 |
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Price($) | Vol. | No. |
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$2.07 | 26650 | 3 |
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8 | 65537 | 2.040 |
5 | 45737 | 2.030 |
6 | 44237 | 2.020 |
12 | 70412 | 2.010 |
Price($) | Vol. | No. |
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2.070 | 21807 | 2 |
2.080 | 53535 | 5 |
2.090 | 53164 | 3 |
2.100 | 43365 | 7 |
2.110 | 32039 | 3 |
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Change
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