Does anyone invest in/follow CLCT stock?

[frankbmd]

Their stock certificates (remember those ?) are now made of cardboard instead of precious metal and the rumor on the street is that many of the new ones have been trimmed.

[ullmandds]

Originally Posted by frankbmd

Their stock certificates (remember those ?) are now made of cardboard instead of precious metal and the rumor on the street is that many of the new ones have been trimmed.

ar ar ar ar ar!!!!!

[silvor]

They cut their dividend in half, so with the drop in price with yield is now ~4%

https://finance.yahoo.com/news/colle...210300173.html

Update on Dividend Policy
The Board of Directors approved a dividend of $0.175 per share for the third quarter of fiscal 2018 for an expected annual dividend of $0.70 per share. This represented a reduction from the quarterly dividend of $0.35 per share that we have previously paid to our stockholders and would increase available cash to fund our operations and the growth of our businesses by approximately $6.0 million annually. The third quarter dividend will be paid on February 23, 2018 to stockholders of record on February 13, 2018.

[Stampsfan]

Originally Posted by frankbmd

Their stock certificates (remember those ?) are now made of cardboard instead of precious metal and the rumor on the street is that many of the new ones have been trimmed.

Frank, your takes typically elicit a smile and a chuckle from me. Thank you.

Originally Posted by silvor

They cut their dividend in half, so with the drop in price with yield is now ~4%

That's never a good sign.No wonder one of the Exec's dumped a bunch of his holdings (as referenced in another post).Not too sure you're legally allowed to do that.