SKTO had a net profit of $13, 000, 000 last quarte
Post# of 36728
Posted On: 09/20/2013 6:53:33 PM
SKTO had a net profit of $13, 000, 000 last quarter. Take $2.5 million AND issue
1/2 cent dividend per share.
~500,000, 000 × $.005 = $2.5 million per quarter × 4 = $.02 per year dividend.
The price would zoom. Say it settles at 8% yield; that is $.25 a share.
Shorts are twarted by the cash dividend.
1/2 cent dividend per share.
~500,000, 000 × $.005 = $2.5 million per quarter × 4 = $.02 per year dividend.
The price would zoom. Say it settles at 8% yield; that is $.25 a share.
Shorts are twarted by the cash dividend.
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