RE:RE:RE:Holy Cr ap NewsThe dividend was going up either way. Guess it depends on whether you prefer a larger more leveraged Company vs. a smaller, debt free company. With the debt leverage increase, they will most likely not continue to aggressively buyback shares in the short term . Nuttall will not be happy.
NonCredibleSrc wrote: Read it in more depth...
"Following the close of the Acquisition, our balance sheet will remain a priority with net debt milestones of $1.8 billion which we expect to achieve before year end 2022 and $1.3 billion which we expect to achieve in the first half of 2023"
"We are targeting additional dividend increases of $0.12 - $0.15 per share annually on achieving each net debt milestone"