ICECREAM
2023-07-07

They began the dividend with the share price near $4. That initial .20/yr. dividend was a hefty 5%. It has since been increased to .24/yr. It was quite confusing to analysts of why a company would earn .20/yr. and pay the same amount as a dividend. Payout ratios are always recommended to be a much smaller percentage. I think we are due for an acquisition. They only ever had about $10-$20M before their cash raise. They want a high margin business to complement what they own. The market affords them a high PE ratio due to their high gross & net margin. A special dividend would be nice and would benefit all shareholders. $Simulations Plus(SLP)$

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