Encore Capital Group does not pay dividends. Its annual report states:
“We do not intend to pay dividends on our common stock for the foreseeable future. We have never declared or paid cash dividends on our common stock …”
It is a giant Ponzi scheme in my book. The only people getting good money are executives – this is what I found relative to 2014:
Paul Grinberg
Group Executive, International & Corporate Development – $4,624,569
Gregory L. Call
Senior VPresident, General Counsel & Corporate Secretary – $1,604,294
Ashish Masih
Executive VPresident, U.S. Debt Purchasing Operations – $2,136,951
Kenneth A. Vecchione
President and Chief Executive Officer – $5,190,334
Jonathan C. ClarkExecutive
Vice President, Chief Financial Officer and Treasurer – $910,166
The merits of being a CCP shareholder compared to an Encore Capital Group shareholder bear no comparison.
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