If the dividend is safeIf the dividend is safe, and if YLO said that they would pay the
.0542 per month until the end of the year, why does YLO only announce the dividend for one month at a time? Other companies will guarantee the dividend for up to 3 months in advance. YLO does not, waiting until the last minute to say what the dividend will be for only the next month.
Why is that? It is because YLO has not guaranteed the
.0542 until the end of the year.
What they have said is that the dividend is subject to their payout ratio, and even what their business might look like IN THE FUTURE. What that means is that, even if their present earnings are ok, if they think something might get worse IN THE FUTURE, they can cut the dividend anyway.
When YLO eventually does cut the dividend, I don't imagine we will ever see any of the liars on this board ever post again.
I realise that few want to hear the truth, but what good is believing in lies?