RE:RE:RE:DividendGEEZ..... of course they didn't say "we are cutting the dividend", because they didn't do that today. BUT, listen to the Q&A and I'm not sure who was pushing them on the dividend question but it was towards the end and it is VERY CLEAR they are cutting it in the upcoming fall update, once the Board meets in November for their financial planning/stategy. Co CEO references concentration of business lines, and clearly spells it out for you, even explains the three segments of business that a dividend is traditionaly based on. It ALA's case previously re; i. pwr/hydro ii. utilities iii. gas , in the future flip it around, justifying a lower payout.
newcoin wrote: Absolutely correct. Not once did they say they were cutting the dividend. Cornhill said they are PROUD of the dividend and they haven't cut it because they're not ready.
Kidlapik wrote:
I listened to the entire call and no they never once said that a dividend cut was inevitable. It is under review and forward targets are being developed. They never once said "we are cutting the dividend"