RE:RE:Enercom Dallas Presentation from yesterdayshakka, by definition an unsustainable dividend should never be considered safe. And it’s often destructive to shareholders’ wealth as it causes the stock price to drop more than the dividend payout. Shareholders end up paying a bunch of additional taxes with less wealth to show for it. This has certainly been the case with VET. Imo this downward trend will continue until the dividend is cut to where existing cash flow can cover it.
shakka wrote: I would suggest people watch this presentation. Divvy is safe wont be cut. Ignore the noise.