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  • Trade Of The Day: Cabot Micro ($CCMP) [View instapost]
    I'm wondering why they're borrowing over $275M and using another $100M from accumulated profits to pay such a large dividend (30% of current share price). Are they spinning off a unit?
    Feb 23 04:18 PM | Likes Like |Link to Comment
  • Trade Of The Day: Cabot Micro ($CCMP) [View instapost]
    Can anyone tell me why they're borrowing $275M and using $100M of their accumulated to pay such a large dividend (30% of current stock price)? Are they spinning off a unit of the company? Just seems odd considering they haven't paid a dividend recently. MSFT did something similar years back but they had the cash on hand to do so, they weren't borrowing.
    Feb 23 04:18 PM | Likes Like |Link to Comment
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