Post by
Detailoriented1 on Jan 03, 2024 8:35pm
Strong Equity and Bond Markets in Q4 ...
Could easily lead to surprise earnings when announced. And they will have created.more free cash flow to support the current dividend. Q3 was a bad quarter for the company and they had the cash to pay the dividend. Q4 will be an even easier cover...
Where else do you get 14 percent dividend and a company that has a ton of leverage to the markets so if interest rates fall and equities jump, this one will rally even more than the markets.
There is risk here but the reward seems much greater than the risk. Remember that the CEO bought $5 million of shares in September and owns a very large piece of this company.
GLTA