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2,164 Posts.
563
13/02/18
11:04
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The half yearly is due 16th of March or so as well.
Has anyone ever seen a company give out an interim dividend not based on profit to December but known profit jan - mar.
So they have $8.9m in cash they spend $1.5m on a .1 cent dividend or share buy back. Knowing it will be back to $8.9m shortly for example.
In terms of share buy back at current prices $1.5m will remove 28m shares and would possibly raise the price more than a .1 cent dividend.
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