RE:RE:Well I'm all in now.
Honestly I didn't expect this drop considering it was a better year that the last (by a long shot). The fact is they paid 126 million in dividends this year when they made 142.6 million. This means they only made 16 million. That is not a lot of debt repayment. They lost 34 million last year and paid out 114.4 mill in dividends. Basically lost 150 million. so if all things remain the same it would take them 11 years just to recover the money they lost in 2018. Debt repayment is virtually non existent as they are giving all their profits to dividends. The dividend is too high and now they are increasing shares again. Stock will be stuck in this range for a long time. Increasing the dividend would be suicide. If this company wants to be serious it would cut the dividend so that they make at least 50 million a year. However they will continue to take on debt by all these acquisitions.