Post by
malx1 on Oct 19, 2023 4:31pm
Dividend to ZERO, until house in order
No room for dividends when burdened with high-cost Debt.
Shut her down, fix her up, then sell.
Comment by
DeanEdmonton on Oct 20, 2023 10:54am
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.
Comment by
malx1 on Oct 20, 2023 3:53pm
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.