Q: Hi 5i
Referring to Johns question from Nov 19...At what price would you consider the $10 dividend to be baked into the share price...
What would that price be in 5i's opinion if one wanted to add a bit to short term existing position.
thx
Referring to Johns question from Nov 19...At what price would you consider the $10 dividend to be baked into the share price...
What would that price be in 5i's opinion if one wanted to add a bit to short term existing position.
thx
5i Research Answer:
SCR has discussed the special dividend for a very long time, and the MEG/CVE transaction closed a week ago. We would consider the dividend to baked in, though SCR has not officially declared it yet. We would be comfortable buying at $42 and change.