food for thought/food for comment ?
Interesting math here ---"Ryman will pay a final dividend of 10.9 cents a share on June 22, taking the total dividend for the year to 20.4 cents, up from 17.8 cents a year earlier.Its shares last traded at $11.24 and have gained 30 percent the past year".
Good for Ryman but as I see it its a 2% (max ) return on capital ($11.24) to the stock holder?
Yet in its 1st year OCA is on target to pay stockholders 4....4.9% maybe even 5% ($1.0 .......$1.05 share cost approx) . I love dividends so should I sell every Ryman share I have and buy OCA ?? I do see the 30% increase in stock value but I love cash --and they may not get another 30% as the numbers get rather large whereas on a little bitzy $1 ummm!