"It would appear that a large shareholder has exited his position in WMI after the results & dividend was announced."
Probably, WMI has been quite cheap, under $1.40 a lot in recent months.
A large buyer from that time, selling over $1.50, would do much better than waiting for the dividend and having the share price decline following the ex-dividend fall. Many of the Wilson stocks are very cheap now on a dividend yield basis and those with large dividend reserves are well worth buying.
WMI Price at posting:
$1.47 Sentiment: Hold Disclosure: Held
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