Decisive Dividend Corp V.DE

Strange drop today???

[Allah_says_BUY]

Somebody must have been desperate for money.

It was nice to read the MD&A and see that the dividends only made up 54% of the Free Cash Flow.  Even the new dividend increase to 4.5 cents will only get to 60% and that's with no organic growth, and we know there will be growth.

Once interest rates start dropping this summer, the LOC expense gets better each quarter and the cash flow improves.  And the economy slowly starts growing again as does the demand fromr all of the subsidiaries customers.

Short Term Outlook - Not Bad.
Mid Term Outlook - Good.
Long Term Outlook - Great.

[nedstar71]

Does free cash flow really represent what they should be paying out though?  Is it wrong to think this dividend should be covered by net earnings? I missed the boat on this one but still don't understand why it trades as high as it does.   The dividend was barely 5%.  This isn't a Canadian bank but pays a lower dividend than some of them.  I'd say it's more