RE:RE:RE:RE:RE:RE:RE:Dividend percentagemasfortuna wrote: Vet has profited huge on the European energy crisis. And they are more "gassy" than CJ which has also helped their bottom line. That fcf is amazing but their debt is fairly large.Also take a look at CJ's quarterly and the amount of capex spent as well as debt payment, and then compare to Vet. And finally CJ's divy alone at close to 9% is a big incentive. So that may help explain the discrepancy in the sp. GL!
This issue everyone seems to have with debt I feel is a leftover from the "Warren Buffet" school of investing when interest rates were 20%+, shouldn't you look at what interest rate the debt is at rather than how much debt a company has? To me if a company borrows money at 3% and can produced a 10% return on that money the that is good debt. I know millennials will say I am full of s-it but in 1980 you could buy7 year Canada savings bonds and they paid 22% interest a year compounded so your money doubled in just over 3 years , my buddy bought a used T-bird and paid 27% interest on the loan!