Post by
Trader124 on Feb 18, 2019 3:25pm
market is always right
Centurylink cut their dividend recently. Even with some " analyst" who said dividend is safe and management said they won't cut it. Guess what happened? Yes they cut the dividend. anytime you see dividend reaching double digit you know it will be cut.
Maxr will cut the dividend even if the payout ratio is at normal level because the market is always right. Actually the market always force you to do it.