12-20-2021, 09:28 PM
Yeah, I get those arguments, thanks. But you can't pay dividends out of 'adjusted' earnings. If my math isn't awful, they're paying out more than $6 billion a year in dividends, with nowhere near $6 billion in earnings. That can be fine if the balance sheet is good and it really is temporary.
I'm hoping to make time soon to dig into the financials a little deeper.
I'm hoping to make time soon to dig into the financials a little deeper.