The whole point of this massive capital expenditure was to generate income. They are at the tail end of the expenditure and about to receive a tidal wave of income. They don't need to save much of the income, except for paying outstanding debt off - which they will do quickly, so it should be returned to shareholders in the form of higher dividends.
If the suggested dividend is accurate then the current share price is too high. How much further can they grow the company? How much further can they grow their income? If they don't start to return it to shareholders then why will the price continue to go up or even stay where it is? I can get better yield by cash in the bank.
OSH Price at posting:
$9.26 Sentiment: None Disclosure: Held
