(04-28-2021, 03:49 PM)fenders53 Wrote: Times are hard and they are just trying to scratch by until next quarter Eric.Seriously though they could raise the mini div 25%, and buy back some shares with no threat to the balance sheet. They remind me of Buffet sometimes. I can only guess they are thinking just like your 100% SP increase this year.
Only thing I can think of is that they base the dividend off the trailing year's earnings. $0.88/$3.28 would be a ~27% payout ratio, which is generally in line with what they've done since instituting the dividend back in 2013.
Maybe next year we'll get the big dividend boost...