$LOCO El Pollo Loco has announced a special dividend of $1.50/share. The stock is up 15% premarket to $10.30. That’s slightly more than a 10% dividend at current price. So while all restaurants are currently strapped for cash, El Pollo Loco is flush with it. Pretty Loco. Easy 10% on the dividend alone and if the price drops the dividend % per share increases as it’s a special dividend set at $1.50 per share
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Ah, the old dividend trap. Look at $ZIM
Puts…
Gonna get destroyed by…
El Pollo Hermanos
=
Gus: You make chicken…We are not the same.
I heard that some ex- secret service lady use to work there. Apparently she got shot by some dumb ass LAPD cop. However as soon as she could see straight, the secret service took her back. Convoluted story I’ll admit but the point here is this… buy GME
How’s the margins on their meth?
>That’s a pretty stupid investment. El Pollo Loco is a terrible restaurant and their food is gross. The only reason the stock is up right now is because of the special dividend, but it’s not going to last. I wouldn’t touch that stock with a ten foot pole.
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I prefer Wendy’s chicken nuggets
Seems like a great time for a stock pump so the execs can dump all their shares on retail bagholders and exit stage left
every time its the same story. pump and dump. Especially if the dividend is from borrowed funds.
Pay me in chicken
I used to buy these chickens for my dog.