RE:this could be stupid but is there a chanceI'd say %0 but that is statistically impossible to be sure, so I will say a 5% chance that there is no divy cut. Why. Listen to the Q&A from the CC, where one of the CEO's (?wtf) describes their business segments and how that relates to dividends and payouts.
robert41 wrote: of no Divi cut? if the company likes its fundamentals going forward and thinks it can weather this storm for the next 3 to 6 months is there a chance they could say no we are in good shape and will be able to support the divi after asset sales etc. The market wants a divi cut but I think it sends a strong message if you don't have to and you tell the market to F off and we'll prove it to you. Am I putting too much Rum in the Maitai? If its possible I love the idea of what is now I think about a 12% yield on my cash. Has anyone seen this happen before?