View Financial HealthMount Logan Capital 배당 및 자사주 매입배당 기준 점검 1/6Mount Logan Capital 은(는) 현재 수익률이 3.99% 인 배당금 지급 회사입니다.핵심 정보4.0%배당 수익률48.7%자사주 매입 수익률총 주주 수익률52.7%미래 배당 수익률n/a배당 성장률-27.8%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향-3%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • May 21Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 26 May 2026. Payment date: 10 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (1.1%).공시 • May 16Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended March 31, 2026, Payable on June 10, 2026Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended March 31, 2026, payable on June 10, 2026 to stockholders of record at the close of business on May 26, 2026. This cash dividend marks the third consecutive quarter of the Company issuing a $0.03 distribution to its stockholders following the closing of the Business Combination.공시 • Mar 21Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended December 31, 2025, Payable on April 15, 2026Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended December 31, 2025, payable on April 15, 2026 to stockholders of record at the close of business on March 30, 2026.공시 • Feb 24Mount Logan Capital Inc. (NasdaqGM:MLCI) announces an Equity Buyback for $10 million worth of its shares.Mount Logan Capital Inc. (NasdaqGM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $10 million of the Company’s outstanding common stock. The program will expire on December 31, 2027.공시 • Dec 12Mount Logan Capital Inc. (NasdaqCM:MLCI) announces an Equity Buyback for $15 million worth of its shares.Mount Logan Capital Inc. (NasdaqCM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $15 million of its common stock at a price of $9.43 per share. The tender offer launch is expected to occur on or before the end of the first week of January 2026, with closing estimated to occur approximately 20 business days thereafter.Declared Dividend • Nov 17Second quarter dividend of US$0.03 announcedShareholders will receive a dividend of US$0.03. Ex-date: 25th November 2025 Payment date: 11th December 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (35% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments.모든 업데이트 보기Recent updatesUpcoming Dividend • May 21Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 26 May 2026. Payment date: 10 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (1.1%).공시 • May 16Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended March 31, 2026, Payable on June 10, 2026Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended March 31, 2026, payable on June 10, 2026 to stockholders of record at the close of business on May 26, 2026. This cash dividend marks the third consecutive quarter of the Company issuing a $0.03 distribution to its stockholders following the closing of the Business Combination.공시 • May 11Mount Logan Capital Inc. to Report Q1, 2026 Results on May 14, 2026Mount Logan Capital Inc. announced that they will report Q1, 2026 results After-Market on May 14, 2026공시 • May 03Mount Logan Capital Inc., Annual General Meeting, Jun 25, 2026Mount Logan Capital Inc., Annual General Meeting, Jun 25, 2026.공시 • Mar 21Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended December 31, 2025, Payable on April 15, 2026Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended December 31, 2025, payable on April 15, 2026 to stockholders of record at the close of business on March 30, 2026.공시 • Feb 24Mount Logan Capital Inc. (NasdaqGM:MLCI) announces an Equity Buyback for $10 million worth of its shares.Mount Logan Capital Inc. (NasdaqGM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $10 million of the Company’s outstanding common stock. The program will expire on December 31, 2027.공시 • Feb 14Lumine Group Inc. (TSXV:LMN) completed the acquisition of Synchronoss Technologies, Inc. (NasdaqCM:SNCR).Lumine Group Inc. (TSXV:LMN) entered into a non-binding letter of intent to acquire Synchronoss Technologies, Inc. (NasdaqCM:SNCR) for approximately $120 million on August 24, 2025. Lumine Group agreed to acquire Synchronoss Technologies on December 3, 2025. A cash consideration valued at $9 per share will be paid by Lumine Group Inc. In case of termination of transaction, sell side will pay a termination fee of $7.75 million. Upon completion of the transaction, the Synchronoss’ common stock will no longer be listed on the Nasdaq Stock Market. The Company is expected to remain headquartered in Bridgewater, New Jersey. The transaction is subject to approval of offer by target shareholders, board approval and approval by antitrust authorities. Both board unanimously approved the deal. Synchronoss stockholders voted to approve the transaction at the Company’s Special Meeting of Stockholders on February 12, 2026. The completion of the transaction is expected on February 13, 2026. The team of Goodwin Procter LLP led by Mike Patrone, Josh Zachariah, Josh Eisenson, Amanda Gill, Stephanie Barbanell, Deb Birnbach, Paul Jin, Eram Khan, Sarah Bock, Jennifer Fay, Jacob Osborn, Steve Charkoudian, Jackie Klosek, Dan Karelitz and Brian Muhkerjee acted as legal advisor for Lumine Group Inc. Marc F. Dupre, Andrew Y. Luh and Keith J. Scherer of Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP acted as legal advisor for Synchronoss Technologies, Inc. Equiniti Trust Company, LLC and acted as transfer agent for Synchronoss Technologies, Inc. Innisfree M&A Incorporated acted as information agent for Synchronoss Technologies, Inc. Lumine Group Inc. (TSXV:LMN) completed the acquisition of Synchronoss Technologies, Inc. (NasdaqCM:SNCR) on February 13, 2026.공시 • Feb 11+ 1 more updateMount Logan Capital Inc. Announces Corporate Secretary ChangesMount Logan Capital Inc. announced that Brandon Satoren will assume the role of Corporate Secretary effective April 1, 2026. Mr. Satoren will succeed Nikita Klassen. Mr. Satoren currently serves as Chief Financial Officer, Secretary, and Treasurer for BCP Investment Corporation and similar roles for the public interval funds and affiliated finance platforms managed by Mount Logan’s wholly owned and minority owned investment advisers. Mr. Satoren brings to Mount Logan a deep knowledge of its business model, complemented by extensive experience in financial operations, reporting, governance, and strategic planning. Mr. Satoren joined Mount Logan’s credit platform in May 2021, having previously worked at PennantPark as a Vice President and Controller on their Finance and Operations team. Prior to PennantPark, Mr. Satoren worked for AQR Capital Management, LLC, and, prior to that he spent close to nine years at PricewaterhouseCoopers LLP in their Asset Management Assurance practice. Mr. Satoren holds a BBA from the University of Central Florida.New Risk • Feb 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$98.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (US$98.9m market cap).공시 • Dec 12Mount Logan Capital Inc. (NasdaqCM:MLCI) announces an Equity Buyback for $15 million worth of its shares.Mount Logan Capital Inc. (NasdaqCM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $15 million of its common stock at a price of $9.43 per share. The tender offer launch is expected to occur on or before the end of the first week of January 2026, with closing estimated to occur approximately 20 business days thereafter.Declared Dividend • Nov 17Second quarter dividend of US$0.03 announcedShareholders will receive a dividend of US$0.03. Ex-date: 25th November 2025 Payment date: 11th December 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (35% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments.공시 • Nov 14Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended September 30, 2025, Payable on December 11, 2025Mount Logan Capital Inc. declared a shareholder quarterly distribution in the amount of $0.03 per common share for the quarter ended September 30, 2025, payable on December 11, 2025 to shareholders of record at the close of business on November 25, 2025. This cash dividend marks the first quarter of the Company issuing a $0.03 distribution to its shareholders.공시 • Nov 12Mount Logan Capital Inc. to Report Q3, 2025 Results on Nov 13, 2025Mount Logan Capital Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 13, 2025New Risk • Sep 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 113% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (113% increase in shares outstanding). Minor Risk Paying a dividend despite being loss-making.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: MLCI 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: MLCI 6 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장Mount Logan Capital 배당 수익률 vs 시장MLCI의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (MLCI)4.0%시장 하위 25% (US)1.4%시장 상위 25% (US)4.1%업계 평균 (Diversified Financial)1.1%분석가 예측 (MLCI) (최대 3년)n/a주목할만한 배당금: MLCI 의 배당금( 3.99% )은 US 시장에서 배당금 지급자의 하위 25%( 1.38% )보다 높습니다.고배당: MLCI 의 배당금( 3.99% )은 US 시장에서 배당금 지급자의 상위 25%( 4.14% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: MLCI 배당금을 지급하고 있지만 회사는 수익성이 없습니다.주주 현금 배당현금 흐름 범위: MLCI 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YUS 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/12 05:25종가2026/06/12 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Mount Logan Capital Inc.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Matthew LeeCanaccord GenuityStephen BolandStifel Canada
Upcoming Dividend • May 21Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 26 May 2026. Payment date: 10 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (1.1%).
공시 • May 16Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended March 31, 2026, Payable on June 10, 2026Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended March 31, 2026, payable on June 10, 2026 to stockholders of record at the close of business on May 26, 2026. This cash dividend marks the third consecutive quarter of the Company issuing a $0.03 distribution to its stockholders following the closing of the Business Combination.
공시 • Mar 21Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended December 31, 2025, Payable on April 15, 2026Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended December 31, 2025, payable on April 15, 2026 to stockholders of record at the close of business on March 30, 2026.
공시 • Feb 24Mount Logan Capital Inc. (NasdaqGM:MLCI) announces an Equity Buyback for $10 million worth of its shares.Mount Logan Capital Inc. (NasdaqGM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $10 million of the Company’s outstanding common stock. The program will expire on December 31, 2027.
공시 • Dec 12Mount Logan Capital Inc. (NasdaqCM:MLCI) announces an Equity Buyback for $15 million worth of its shares.Mount Logan Capital Inc. (NasdaqCM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $15 million of its common stock at a price of $9.43 per share. The tender offer launch is expected to occur on or before the end of the first week of January 2026, with closing estimated to occur approximately 20 business days thereafter.
Declared Dividend • Nov 17Second quarter dividend of US$0.03 announcedShareholders will receive a dividend of US$0.03. Ex-date: 25th November 2025 Payment date: 11th December 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (35% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments.
Upcoming Dividend • May 21Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 26 May 2026. Payment date: 10 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (1.1%).
공시 • May 16Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended March 31, 2026, Payable on June 10, 2026Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended March 31, 2026, payable on June 10, 2026 to stockholders of record at the close of business on May 26, 2026. This cash dividend marks the third consecutive quarter of the Company issuing a $0.03 distribution to its stockholders following the closing of the Business Combination.
공시 • May 11Mount Logan Capital Inc. to Report Q1, 2026 Results on May 14, 2026Mount Logan Capital Inc. announced that they will report Q1, 2026 results After-Market on May 14, 2026
공시 • May 03Mount Logan Capital Inc., Annual General Meeting, Jun 25, 2026Mount Logan Capital Inc., Annual General Meeting, Jun 25, 2026.
공시 • Mar 21Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended December 31, 2025, Payable on April 15, 2026Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended December 31, 2025, payable on April 15, 2026 to stockholders of record at the close of business on March 30, 2026.
공시 • Feb 24Mount Logan Capital Inc. (NasdaqGM:MLCI) announces an Equity Buyback for $10 million worth of its shares.Mount Logan Capital Inc. (NasdaqGM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $10 million of the Company’s outstanding common stock. The program will expire on December 31, 2027.
공시 • Feb 14Lumine Group Inc. (TSXV:LMN) completed the acquisition of Synchronoss Technologies, Inc. (NasdaqCM:SNCR).Lumine Group Inc. (TSXV:LMN) entered into a non-binding letter of intent to acquire Synchronoss Technologies, Inc. (NasdaqCM:SNCR) for approximately $120 million on August 24, 2025. Lumine Group agreed to acquire Synchronoss Technologies on December 3, 2025. A cash consideration valued at $9 per share will be paid by Lumine Group Inc. In case of termination of transaction, sell side will pay a termination fee of $7.75 million. Upon completion of the transaction, the Synchronoss’ common stock will no longer be listed on the Nasdaq Stock Market. The Company is expected to remain headquartered in Bridgewater, New Jersey. The transaction is subject to approval of offer by target shareholders, board approval and approval by antitrust authorities. Both board unanimously approved the deal. Synchronoss stockholders voted to approve the transaction at the Company’s Special Meeting of Stockholders on February 12, 2026. The completion of the transaction is expected on February 13, 2026. The team of Goodwin Procter LLP led by Mike Patrone, Josh Zachariah, Josh Eisenson, Amanda Gill, Stephanie Barbanell, Deb Birnbach, Paul Jin, Eram Khan, Sarah Bock, Jennifer Fay, Jacob Osborn, Steve Charkoudian, Jackie Klosek, Dan Karelitz and Brian Muhkerjee acted as legal advisor for Lumine Group Inc. Marc F. Dupre, Andrew Y. Luh and Keith J. Scherer of Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP acted as legal advisor for Synchronoss Technologies, Inc. Equiniti Trust Company, LLC and acted as transfer agent for Synchronoss Technologies, Inc. Innisfree M&A Incorporated acted as information agent for Synchronoss Technologies, Inc. Lumine Group Inc. (TSXV:LMN) completed the acquisition of Synchronoss Technologies, Inc. (NasdaqCM:SNCR) on February 13, 2026.
공시 • Feb 11+ 1 more updateMount Logan Capital Inc. Announces Corporate Secretary ChangesMount Logan Capital Inc. announced that Brandon Satoren will assume the role of Corporate Secretary effective April 1, 2026. Mr. Satoren will succeed Nikita Klassen. Mr. Satoren currently serves as Chief Financial Officer, Secretary, and Treasurer for BCP Investment Corporation and similar roles for the public interval funds and affiliated finance platforms managed by Mount Logan’s wholly owned and minority owned investment advisers. Mr. Satoren brings to Mount Logan a deep knowledge of its business model, complemented by extensive experience in financial operations, reporting, governance, and strategic planning. Mr. Satoren joined Mount Logan’s credit platform in May 2021, having previously worked at PennantPark as a Vice President and Controller on their Finance and Operations team. Prior to PennantPark, Mr. Satoren worked for AQR Capital Management, LLC, and, prior to that he spent close to nine years at PricewaterhouseCoopers LLP in their Asset Management Assurance practice. Mr. Satoren holds a BBA from the University of Central Florida.
New Risk • Feb 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$98.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (US$98.9m market cap).
공시 • Dec 12Mount Logan Capital Inc. (NasdaqCM:MLCI) announces an Equity Buyback for $15 million worth of its shares.Mount Logan Capital Inc. (NasdaqCM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $15 million of its common stock at a price of $9.43 per share. The tender offer launch is expected to occur on or before the end of the first week of January 2026, with closing estimated to occur approximately 20 business days thereafter.
Declared Dividend • Nov 17Second quarter dividend of US$0.03 announcedShareholders will receive a dividend of US$0.03. Ex-date: 25th November 2025 Payment date: 11th December 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (35% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments.
공시 • Nov 14Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended September 30, 2025, Payable on December 11, 2025Mount Logan Capital Inc. declared a shareholder quarterly distribution in the amount of $0.03 per common share for the quarter ended September 30, 2025, payable on December 11, 2025 to shareholders of record at the close of business on November 25, 2025. This cash dividend marks the first quarter of the Company issuing a $0.03 distribution to its shareholders.
공시 • Nov 12Mount Logan Capital Inc. to Report Q3, 2025 Results on Nov 13, 2025Mount Logan Capital Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 13, 2025
New Risk • Sep 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 113% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (113% increase in shares outstanding). Minor Risk Paying a dividend despite being loss-making.