Saturday, February 14, 2009

Betting is now open: Will the board cut dividend?

At least one Gannett Blogger thinks not; Anonymous@11:35 p.m. just wrote:

For 40 years, the boards of directors of Gannett Corporation have maintained or increased the dividend. I do not believe this board will turn their back on this historical record and cut. I will send $5 to Jim as a bet if I am wrong.

I'm trying to earn $6,000 quarterly, mostly through sponsorships of $5 per reader, plus limited ad sales. Please use the "Donate" tool in the green sidebar, upper right. Or mail cash/checks payable to: Jim Hopkins, 584 Castro St. #823, San Francisco, Calif., 94114-2594.
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3 comments:

  1. Anonymous2/14/2009 1:06 AM

    Jim:

    I have a solution for earning your $6K per quarter. Short the stock. The second the dividend gets cut, it's dropping a buck. So, to make your quarterly bounty, you need only short about 6,000 shares. You need only deposit about $25K in a brokerage account. The only way you lose is if the stock goes UP. You really see that in the cards??

    ** This is not investment advice. Or is it? ;)

    ReplyDelete
  2. Anonymous2/14/2009 11:18 AM

    Nope. That dividend ain't going nowhere.

    ReplyDelete
  3. Anonymous2/14/2009 4:06 PM

    They can, they should and they will.

    ReplyDelete

Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."

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