06-03-2014, 08:51 PM
Full up on DE but sure like those dividend increases. Yield's a little low for me but it doesn't take long with double digit dividend boosts to get the cash coming in to a sizable level.
Being a cyclical, I'm fully expecting a net income haircut in the next few years but with their low payout ratio and cash on hand, I think they'll weather it just fine.
Being a cyclical, I'm fully expecting a net income haircut in the next few years but with their low payout ratio and cash on hand, I think they'll weather it just fine.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan