02-23-2018, 12:18 PM
I don't think the current payout is un-sustainable, but I do think that dividend growth will be rather pedestrian until the payout ratio gets back down to the 55-60% level.
A 3.5% yield with ~5% dividend growth isn't a bad place to be.
A 3.5% yield with ~5% dividend growth isn't a bad place to be.