05-08-2012, 11:24 AM
(19-07-2012, 08:55 PM)CityFarmer Wrote: I am expecting first and final dividend of 3.3 cts, dividend yield of 8.6% @ S$3.85 (w/ free bonus warrant)
The actual dividend declared is nil for FY2012.
Looking into the report, nothing seem blocking the company to sustain the dividend distribution.
Is the board think a pause is necessary, after the bonus warrant award recently?
or to reward shareholder with another mean?
IMO, it is irrational to do anything now beside waiting.
P.S, the board share buy-back on the next day, total 3,512,000 share in a single day.
http://info.sgx.com/webcorannc.nsf/Annou...endocument
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