Yes this dividend is another crazy one! Hehehe
$Guardion Health Sciences (GHSI.US)$ HOUSTON, TEXAS, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Guardion Health Sciences, Inc. (Nasdaq: GHSI) (“Guardion” or the “Company”) today announced that its Board of Directors declared a cash dividend in an amount equal to $5.00 per share of common stock held by its stockholders of record on September 9, 2024 and a payment date of September 23, 2024.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Jaguar8 : Indeed!
Trytosaveabit OP Jaguar8 : Think about that! At closing the price was 9 give or take. So the div at that point was more than 50%! I thought I read it wrong and it was supposed to be for preferred stock? Hehehe. But nope it’s for common stock!
Trytosaveabit OP 福贵吉祥 知足常乐 : It’s great news!
Lnova :![heart_eyes 😍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f60d.png)
Trytosaveabit OP Lnova : I know right! Just think if it goes back down over the next 30 days to like 7/8? Hehehe
Arrayfunction : I don't quite understand this. After the payout, the shares are going to drop by the value of the dividend payment anyway right? Even after the share price jumped, it will still amount to them giving away half their capital from the shares![thinking_face 🤔](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f914.png)
Is this the equivalent of a company's last ditch effort to pump the stock to get capital? I have heard of death spiral bonds before, but not anything like this.
Trytosaveabit OP Arrayfunction : The price does usually drop after a div is payed yes! But the amount of drop can vary greatly depending on the company! Apparently the company feels this is a better way to instill investors confidence in the company’s determination to show they have the investors interest even more than doing a buyback!
Trytosaveabit OP 福贵吉祥 知足常乐 : M & A ? Sorry not understanding? Hehehe
Trytosaveabit OP 福贵吉祥 知足常乐 : Hehehe! Gotcha! Hey that would be fine as well! Give the div then get bought out for 17+ PS on top of that wouldn’t break my heart! Hehehe
Arrayfunction : I don't know. This company sets off more and more alarm bells the more I look into it. Something strange is going on here.
I don't know if they actually have any business operations going on. They have virtually no revenue - but still managed to get "net income" somehow?
They report the income primarily from discontinued activity - so it's not going to be around for next quarter reporting....
They also have virtually no assets outside of the stock price. I don't get it. If they were hoping private equity would swoop in and fire sale everything, they would need to have assets to some meaningful degree for that to happen.
View more comments...