RE: AGM Statement22 Jun 2019 17:44
hi compadre. I'm not advocating divis that would reduce investment/takeover potential. What I would advocate is a token tiny divi for the following reasons.
1. Providing a competent BoD has run the company well then a token divi shows a positive statement about the future.
2 It provides a cheap form of advertising.
3. The number of PI's and II's who invest in dividend paying companies far and away outnumber those that don't.
By paying a divi we immediately go on the radar of a whole lot more of deep pocket long term investors, some of which may well dip a toe in the water.
I hold IDEAGEN a software company that does this and also grows by both acquisitions and organic revenue. The income is insignificant but the share price has trebled in just over three years.