Dividend investing for retirement Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Elroy	7/30/2013 10:19:16 AM
	of 34328

In case anyone is in SIMO for the dividend, they reported last night with a call this morning. They said that their board has halted their share repurchase since revenue growth has slowed, but their dividend (15 cents per Q) is fixed and stable and they are committed to paying it through the cycles ups and downs. They also lowered full year revenue expectations, and increased their expected future tax rate, and what do you know? Investors love the bad news and are pushing SIMO up almost 10%! Today is ex-dividend day for SIMO, by the way. In case you were listening dabum, I don't think this one is for you :-)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next