Say what you will about dividends:
posted on
Feb 21, 2008 01:56PM
and maybe it was warranted or not, but, it's really not a very brilliant business maneuver for a public co. to pay three div.s then stop. The market looks very unfavorably towards this. Some co.s will go so far as to go into debt to avoid this. Of course without guarateed income, I guess that's not too bright either. It's happened and there's not much to be done now, but I believe it's very important to get back to paying one again to regain the credibility. GLTAL RJ