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Strategies & Market Trends : Value Investing
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To: Joan Osland Graffius who wrote (28354)10/2/2007 10:52:13 PM
From: Bridge Player  Read Replies (2) of 78751
 
Joan, are we talking about VELC? Could you give us more information about the dividends? According to Yahoo!, the company has never paid more than .30/year dividends, apparently paid annually, until January 2007 when they paid .32.

The data shown on this Yahoo! link indicates that they split 10 for 1 in 1999. Did you buy it before that, and are your dividends based on those split shares?

Just trying to understand the basis for the 12% yield.
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