RE:Get Readyoiltar wrote: For income investors to bail on COS.I have come to the conclusion COS can not pay any Dividend under an even $70 oil price.I do not expect COS to fail in bankruptsy,but much lower share prices are on the way as income investors hear that COS will pay no dividen at all over the next 1 to 3 years.
I do not believe that COS will totally eliminate the dividend. Why? Because of the reason you state above, income investors. There are other means of saving money in this downturn then just suspending the divvy. Remember that COS has NEVER suspended it. Ever. However, I do believe they will cut it further.