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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“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street
“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street