Subject: Re: Numbers
But a 1% or slightly more dividend still makes sense to me. Too much cash is sitting idle at low rates for me.

Why don't you sell a little stock (now at roughly 1.5-1.6 times book value) then instead of asking management to force all shareholders to get the dividend whether they want it or not? BTW getting dividend is equivalent to selling a portion of the equity with zero cost basis at 1.0 times book value whether you realize it or not.