RE:RE:RE:5i research (Peter Hodson) on DRYou need to research the difference between cashflow and earnings to see how the POR is 80% when earnings is (2) per share this Q. In short term periods a negative earnings need not affect the divy, but yes longer term the earnings must eventually materealize. In the short term the earnings can be over impacted by things like special one time costs from acquisitions or restructuring or depreciation of larger assets. Things like depreciation rates can decline quickly over time due to accounting principles while at the same time the revenue those assests generates may be climbing causing net earnings to swing around.
not saying what components of the above might be applicable here but most if not all of this can be determined by reviewing and tracking the financials over time ( not just looking at one quarters books).
happy researching.