Re: Technically DIVIDENDS can ONLY be paid out of Retained Earnings

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wrenchhead

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Re: Technically DIVIDENDS can ONLY be paid out of Retained Earnings

in response to

Re: Technically DIVIDENDS can ONLY be paid out of Retained Earnings

ads123

posted on Feb 17, 2012 10:15AM

If you take a look at how the Canadian oil sands co. deal paying dividends.They pay out monthly on rev.taken in These companies are all leveraged. They all have way more than 53 million in debt on their books. Ptsc could be set up to pay out divy's the same way. Mostly probably ever qrter.

I don't want Ptsc to keep one dime more in their coffers than what is legally required.I trust my dog to do a better job of managing money then the people we have now!