RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:At what point would cj cut the Div to 5 cents? CJInvestor wrote: Yep I just read a yahoo article that the Div is only 13 percent of profits after tax which makes it super safe. Like other posters said if anything they will trip new projects before cutting the dividend. Unless oil goes to 60 and stays there. Then maybe a trimming of a cent. So we are good!
I read that article too. Don't believe everything you read on the internet. I think the average kid in grade 5 could have constructed a more accurate financial analysis