Corus could be one of the best buys on the TSX this year In the last four quarters, Corus has had free cash of $335 million, and dividend payments of $129 million. The company has generated strong free cash in each of the last four quarters, Corus does not need to cut its dividend. That doesn’t mean that the company won’t reduce its dividend, but it’s not in a dire situation, as some people may have you believe.
The stock is trading at all-time lows, and it won’t stay this low for long. At this price, Corus could be one of the best buys on the TSX this year.