Post by
flamingogold on Sep 13, 2023 12:45pm
April 8, 2020
That was the last time the stock was trading at today's price when covid dominated global headlines, businesses were shuttered and the distribution here was suspended with bankruptcy looming.
Today we have a distribution over 12% at less than a 50% payout ratio, near pre-pandemic capacities and while debt servicing costs are higher, optons exist to deal with it and no where is the entity facing insolvency like 3 years ago.
Makes perfect sense.
Comment by
ScroogeMcDuck1 on Sep 13, 2023 12:51pm
I agree there is nothing wrong with this company. Whats going on here?