Post by
shawshank2 on May 05, 2020 11:16pm
Brutal..in case you missed it
We now will be able to establish a ----new normal-- of paying out a much lower portion of our quarterly earnings, resulting in a lower volatility stock as well as being able to internally fund a portion of our annual deployment. With a large amount of capital available on our balance sheet and a lower dividend, we are in a very good position to take advantage of the opportunities that will present themselves coming out of this pandemic," said King. This is going to hammer the sp. Now instead of consistent dividends the extra money will go towards mediocre investments