J Mintzmyer - Shipping Extraordinaire
The Business Brew
00:00
What's the Dividend Policy of a Company?
The company is only one year removed from being in a very tough financial situation. The stock was only four bucks a year ago. Right now, wer, we're recording on september ninth, so it's like 85 50 right now. If i pull up the one year charge of danas corp, it was four dollars and 98 cents a year ago,. So that's a 17 bagger. And so right now the dividendis only two dollars a year. But the guy the company, the owner, the c o, owns 30 % of this company, and he's like, ye, like, i get it, but like, thas two dollar dividend. Let's
Transcript
Play full episode
