Quote:
Originally Posted by bizaro86
The other possibility is he's preparing to buy one of the airlines, either in full or in a huge preferred + warrants deal. When they bought the railway BNSF they had positions in the other railroads at the time, which they sold.
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I'm coming around to this way of thinking...
Quote:
Originally Posted by sa226
You may have to be a specific type of investor for this to affect any of your holdings....but worth considering.
The 2 trillion stimulus package in the US specifies that any company that receives aid cannot pay out dividends until the loans are paid back.
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That's what they did in 2008-09. The banks were back making a lot of cash and dividends had to be approved before they could be issued. I think that the BAC dividend was something $0.01/quarter when I bought shares! Not exactly a payout to write home about at the time!