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To: jim heger who wrote (750)1/24/2013 4:26:53 PM
From: David  Respond to of 817
 
Thanks, David, for the Automodular idea.
The 10% dividend is sure attractive.
Any guess on how secure that might be?
Only guess I can make on the level of Automodular's dividend is based on their past actions. They haven't always had a dividend but have had them in the past so they appear inclined to issue dividends when conditions allow. The last couple years they set it at .05 and then .06 and instead of increasing it higher they did a special dividend, so that tells me they themselves think that 6 cents is a secure level. I've followed it for about a year now.

EDIT: news release today...

Automodular to pay six-cent dividend March 4

2013-01-23 12:37 ET - News Release



Mr. Christopher Nutt reports

AUTOMODULAR ANNOUNCES DIVIDEND

The board of directors of Automodular Corp. has declared a six-cent regular quarterly dividend payable March 4, 2013, to shareholders of record Feb. 6, 2013.