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re: EXXI - hitting new lows everyday
Posted on 11/5/14 at 7:48 am to Iowa Golfer
Posted on 11/5/14 at 7:48 am to Iowa Golfer
quote:
Energy XXI (Nasdaq:EXXI) (AIM:EXXI) today announced its Board of Directors declared a quarterly dividend of $0.12 per share of common stock. The dividend is to be paid on December 12, 2014 to shareholders of record on November 28, 2014. As of October 31, 2014, the company had 93,869,865 shares of common stock outstanding. The Board of Directors will determine future dividends for Energy XXI common stock on a quarterly basis, with the amount dependent upon earnings, financial condition, capital requirements and other factors.
Any thoughts on the bolded portion?
This post was edited on 11/5/14 at 7:51 am
1
Posted on 11/5/14 at 8:13 am to OnTheBrink
quote:
The Board of Directors will determine future dividends for Energy XXI common stock on a quarterly basis, with the amount dependent upon earnings, financial condition, capital requirements and other factors.
That is found in most announcements. Exxon, I know, has the same basic print with theirs.
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