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With the success of the first quarter, the Board announced a quarterly cash dividend of $0.20 Bookvalue per common share was $32.15 for the fourth quarter of 2022, while tangible bookvalue per share (1) was $24.52 million in dividends during the first quarter of 2023. million, or 0.26%, from $512.1
For one of the “outside” shareholders who drew no salary and sought to monetize her 25% share of the trapped-in value of the real estate, those factors most likely contributed to her decision to sue for judicial dissolution of the three companies, claiming she was the victim of a freeze-out. The Dissolution Petitions. Elaine Loses at Trial.
The PE ratio for the stock has gone from a modest 15 times earnings in the 2016-21 time period to 214 times earnings in the most recent two years, and the enterprise value has jumped from about 12 times EBITDA during 2016-21 to 53 times EBITDA in the most recent two years. times revenues in the most recent two years.
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