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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (20050)

6/19/2014 3:24:53 PM

From: Steve Felix

Respond to of 34328

Not saying BOLT is special. First saw it end of year, and first bought in January, higher.
Currently seems out of favor, possibly because of a mention of government cut backs. egads!

I like dividend companies with no debt. I like them even more if they are into special dividends.

Jun 10, 2014	0.09 Dividend
Mar 3, 2014	0.09 Dividend
Dec 30, 2013	0.59 Dividend
Sep 3, 2013	0.09 Dividend
Jun 3, 2013	0.07 Dividend
Mar 5, 2013	0.07 Dividend
Nov 30, 2012	0.57 Dividend
Sep 4, 2012	0.07 Dividend
Jun 4, 2012	0.05 Dividend
Mar 6, 2012	0.05 Dividend
Dec 2, 2011	1.00 Dividend
Jan 31, 2008	3: 2 Stock Split

Maybe this is what's up: "The past several months have shown a weakening in new orders at our underwater robotics business, particularly with regard to U.S. government defense business; and global economic and political conditions remain uncertain. Nevertheless, we believe that fiscal year 2014 will be another strong year for our company."

It sure isn't the rest of their last report:

Sales for the third quarter of fiscal year 2014, the three months ended March 31, 2014, amounted to $15,716,000 compared to $11,243,000 for the third quarter of fiscal year 2013. Net income for the quarter amounted to $2,456,000 ($0.28 per share) compared to $1,381,000 ($0.16 per share) for the third quarter of fiscal year 2013. Sales for the nine months ended March 31, 2014 amounted to $53,668,000 compared to $39,921,000 for the same nine month period in fiscal year 2013. Net income for the period amounted to $7,837,000 ($0.90 per share) compared to $4,786,000 ($0.56 per share) in the first nine months of fiscal year 2013.

Raymond M. Soto, Bolt's chairman and CEO, commented, "We are pleased to report that our sales for the third quarter of fiscal year 2014 increased 40% from the prior year reflecting a 161% increase in our underwater robotics business and a 6% increase in our marine seismic data acquisition businesses. Sales for the first nine months of fiscal year 2014 increased 34% from the first nine months of fiscal year 2013 reflecting a 98% increase in our underwater robotics business and a 16% increase in our marine seismic data acquisition businesses. The 78% and 64% increases in net income for the third quarter and first nine months of fiscal year 2014, respectively, are primarily due to the higher sales volumes."