Post by
pennydredful on Nov 14, 2020 5:46pm
BYD rocketed this week
After they raised their dividend from .552 to .564 on an annual basis giving a paltry yield of 00.26% . With 9 months earnings at 1.61 for one can pro rate that to 2.15 annualized . I wouldn.t count on that as they admitted some yearly expenses have been deffered to the 4th quarter . So at 100 times earnings + no wonder all you hear from the brokers analysts is EBITDA . as they continue to pretend interest ,taxes and depreciation don,t exist. Boyd used to be an Income Trust. . If you thought 5% was a fair yield for an income trust Boyd would be trading at 11.30 .