GREY:LSTMF - Post by User
Comment by
tcellingon Nov 28, 2014 7:59pm
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Post# 23176200
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Banks likely to force cutbacks in capital spending year-emd
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Banks likely to force cutbacks in capital spending year-emd"Highrider" ... look at what YOU have said. My quote is taken verbatim (funny that, since it is a quote) from your November 28, 12:20pm post. You also are still not understanding what determines the sustainability of a dividend. You said 'yield', yes, I read that, thank you. But I just explained how yield is directly proportional to SHAREPRICE. As the shareprice goes down, the yield goes up. Imagine that! This has nothing to do with sustainability. Cash flow determines sustainability. The yield could be 200% and not be in danger, theoretically.
Once again, you said:
"The yield changes as the share price changes but the dividend remains the same. The problem is that a company cannot afford to pay this high of a yield for an extended period of time and this is why they had to cut their dividend last year this time. So unless they can move the stock price way , way higher ( very unlikely with oil prices where they are ) then they will have to cut their dividend and more than just in half like they did last year this time."
Read more at https://www.stockhouse.com/companies/bullboard/t.lts/lightstream-resources-ltd#8oGmVJkKEAomXIRR.99