RE:do you want tononsense, ceremony;
Pey historical dividend payout is basically what they earned in profits
that is how a dividend policy should work in the long term;
your short-term view may be right, but that is not how one has to operate a company of this scale
pey is doing the right thing; as always, pretty much; it has a solid management policy operationally, as well as fiscally; if companies are to be profitable in the long term, they must have a long term view of economics; unfortunately, lots of "investors" are just traders with a short term and therefore short sighted view
Pey is managed with a long term profitability view. That is why I own it.
So is Pony, btw, that is why I own that one as well.
In the long term, these companies are solid and they will be the winners when it comes time for me to retire.
so please, stop scaring the children with your poetic garbage and get back to what you're better at - analysing numbers and being a devil's advocate - please, and than you