RE:RE:Div cut NOT ON THE WAY!The current >100% payout is fairly well understood by the market. They have $80+m in cash to deploy into a new royalty (which the market has been patiently waiting for). Upon deployment, the payout ratio should fall below 100%.
YUNGGUN2121 wrote: The way I read it was that div payout > 100% of distributable cash & they are using the proceeds from the sale of the recent royalty rights to fund the div pay outs each month. So we are either going to have to continue to use our proceeds from the royalty sale or find a way to increase distributable cash or cut div. I am hoping for the two options obviously but if we aren’t able to find a way to solve the problem I could see I div cut in the next 2 q’s. By no means am I professional and this is just a hunch. either way im div looooooooooonnnnnnnnnnnggggggggggggggggggggggggggggggggggg