08-27-2015, 09:53 AM
(08-27-2015, 09:26 AM)Kerim Wrote: Again, great company. But I think the 2015 earnings numbers are soft, and as a result, the payout ratio is a lot higher than it looks at the moment. With the general market swoon of late, I'd say there are much better bargains out there at the moment.
But if it's a one time issue, I don't really consider its impact regarding payout ratio. Management is guiding for dividends of 50% of earnings going forward. Those charges are in the past or even in the current year, I don't know that they have any implications going forward do they? Are these charges going to continue in out years?