Is Negative Dividend News Positive for the Stock Price? [View article]
I own DSX and while I am disappointed with the dividend cut, I am pleased with the buy back and the conservative management decision to build cash for further investment in distressed assets. Management is alert to opportunities and is not increasing debt. Both moves portend larger dividends in the future when markets recover.
Lets face it, if ships stop carrying grain, coal, and ore we have bigger problems in this world than dividends.
Is Negative Dividend News Positive for the Stock Price? [View article]
Lets face it, if ships stop carrying grain, coal, and ore we have bigger problems in this world than dividends.