The company held their dividend static for eight
quarters during the financial crisis, but every year's dividend was higher than the last.
Not exact matches
Speaking by phone from Montreal on Wednesday, economist Paul - Andre Pinsonnault predicted Governor Stephen Poloz will cut the policy rate by a
quarter point to 0.25 percent next month, matching a record low set in 2009
during the global
financial crisis.
Suppose you were a
financial advisor
during the height of the
financial crisis in the first
quarter of 2009, and you presciently theorized that the market was bottoming as Federal Reserve policies and emergency U.S. Treasury rescue programs took hold to reestablish confidence in capital markets.
A company with a massive dividend cut
during the
financial crisis and only two years of recent dividend growth, albeit; growth of 50 % each year and an increase this
quarter of 33 %.
More interesting perhaps, is that the share price has followed a pattern of alternating lower lows and lower highs every two or three years; the share price rose after 2003 to a high of $ 35 only to fall back to the $ 14 range in 2006, then made another high in 2007 close to $ 35 before falling again to $ 6.70
during the 1st
quarter of 2009, the equity nadir of the
financial crisis, before once again rising to $ 24 last year.