Thursday, December 22, 2011

December 22, 2011 Edition of the Stateside Report

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2 comments:

Worldly Trader said...

I don't mean to be rude, Vince, but when I calculate the dividend yield for McChip Resources (MCS) I get a 8.13% annual yield at the current stock price. The dividend frequency is semi-annual and is paid out twice year.

Anyways, I wish you and your family a great holiday. I also want to say Happy Holidays to all, and I wish everyone a great time with their family and friends over the next few days.

stateside said...

Hi Wordly Trader,

Yes...based on a $.10 semi-annual dividend you are correct. The dividend may vary though based on cash availability so it may go up or down yearly. I would love to know what they think the potash royalty will be on an annual basis.

Happy Holidays.

Vince

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