RE:RE:Dividend to ZERO, until house in orderDeanEdmonton wrote: Their cashflow did not disappear. It would be truly stupid the eliminate the dividend on a regualted utility stock. They need to fix their other issues, not further abuse shareholders.
malx1 wrote: No room for dividends when burdened with high-cost Debt.
Shut her down, fix her up, then sell.
Typical bagholder response.
Like I said, suspend dividend until Debt/Equity is 30-40%.
Capital allocation mismanaged. Fire CFO and execs.
I already called the CEO firing.
Enjoy your handcuffs.