TSX:CUS.DB.D - Post by User
Post by
Khersonon Jan 12, 2015 10:35pm
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Post# 23312008
Payout Ratio
Payout RatioBluecollar, you are talking Cash Payout Ratio while I am talking Payout Ratio. Your cash numbers are correct, but my numbers also include the 3 million shares issued under the DRIP since March 24, 2014...
There are no free lunches with a DRIP program for either the company or the long term shareholders when the Payout Ratios are high coupled with a falling share price due to the share dilution of issuing new shares...
Kherson