Post by
Havefun123 on May 22, 2020 9:24pm
Dividend
Dividend rate under this sp is ridiculous. I understand the dividend is safe at least for this quarter. Any thoughts on dividend cut going forward? If the stock keeps trading at this level, can't see it sustainable.
Comment by
Capharnaum on May 22, 2020 10:21pm
The sustainability of a dividend has nothing to do with the share price. BPY is under no financial pressure, so they can keep the dividend as long as they feel they should. The question is... will BPY want to keep paying such a dividend when it doesn't sustain the share price value and leaves it so undervalued?
Comment by
Havefun123 on May 22, 2020 10:26pm
Thanks for insights. Guess only time will tell
Comment by
ChungasRevenge on May 24, 2020 10:51am
They know as much as you do.