Post by
argon12 on Mar 27, 2020 1:00pm
Latest earnings
Payout ratio was 99.5% latest quarter.
monthly distributions at current rate are unsustainable, unless they borrow from credit line.
great company, but not a buyer till they cut the distribution by at least half.
imo
Comment by
DivChain on Mar 30, 2020 10:40am
At current prices the stock has fallen 55% & the economic fallout from Covid19 has already been priced in. A&W debt ratio is very low @ ~25 & with historically low % rates future borrowing cost will be low. Also Ive observed busy drive-thru business @ all fastfood chains during this crisis. A&W may cut divs but not by halve.