RE:RE:RE:Seems Quite Easy To Understand - NO DIVIDEND CUT 💰There are 5 major costs
operating costs 13B -> this is treding towards 12.4B
capital costs 4B -> this is trending to 3.6B
dividends 4B
interest 2B
Taxes 1B
If there is 24.5B in revenue we cover the expenses with 500m for misc and with the trending it will be 1.5 B less...
the problem was when op costs were 14B and capital costs were 5.5 B (they were spending more than they made) if they hadn't cut costs or couldn't cut costs then your points become meaningful
Rogers doesn't pay dividends because they do things like pay 24b for Shaw, 12b for nhl rights, buy sports teams, open banks, run a shopping channel, try for nfl teams etc. Rogers prefers to use their earnings to aquire things on a bucket list
but really the Roger's family has hundreds of millions of shares and if divends were payed they would be taxed heavily so for the Rogers family and now the Shaw family it is better to retain the earnings in the company and enjoy the perks from the bucket list... You want Taylor Swift you got it!