RE: RE: RE: RE: RE: RE: RE: RE: divedend$$gwplant said "like I said this can only go 2 ways from here like ALL ridiculously yielding stocks...it gets back to a reasonable div yield i.e 5-6% or they cut...simple,"
What about the third scenerio. SPB continue to pay the current yield and the company's earning slowly increase with better performance and stock price stays at $10-$11.50 for next year or so.
SPB continue to have payout ratio of 80-90% till the construction industry starts to show improvement and then the stock prices rises.
Thats what this investor is betting on.