TSX:STB.DB.A - Post by User
Comment by
FSComeauon Aug 19, 2015 3:37pm
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Post# 24032957
RE:RE:RE:A few questions for the regulars ...
RE:RE:RE:A few questions for the regulars ...emba33 wrote:
re:STB has not reduced their dividend, ever
Sounds like Crescent Point last week ... up to the last minute, they claimed they would not cut. They might argue that they would not need to go to market as much if they were reinvesting some of that revenue. Even a cut in half would leave a good dividend.
I am certainly not wishing for this, because I have a meaningful stake in this company, and counted on the income ... but there is a long history of what happens to these unreasonably high dividends.
Emba33
STB's dividend is covered by their cash flow however......................