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
$1.89 |
Change
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Mkt cap ! $7.437B |
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9 | 88686 | 1.880 |
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1 | 24115 | 1.865 |
Price($) | Vol. | No. |
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1.900 | 32075 | 2 |
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1.915 | 22075 | 1 |
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Last
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Change
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