RE:12 months EPS .23 Dividends .72 Dividends are well in excess of attributable net earnings $160m cash dividends vs $51m of attributablle earnings but adjusted cash flow statement would suggest that the dividend is agrueably fully funded.
I think the more interesting issue is why the non-controlling interest , which is about 12% of equity gets allocated 33% of the net earnings? Clearly the best assets were not wholly bought for some reason during whatever M&A deal applied.
as to quarter, ebitda smoked the RBC and consensus & that should probably be the biggest takeaway.
pennydredful wrote: They keep adding to their retained deficit by borrowing to pay the dividend . PE Ratio 40+ .