Post by
slacker101 on Sep 14, 2016 8:40am
Obviously a dividend cut................
is imminent. The current yield is 12.8%. The share price continues to drop making the yield higher. The market is telling all of us that something has to happen. I would suggest that an elimination of the dividend (and the DRIP) will be announced in short order. It's as sure as death and taxes.
Comment by
pierrelebel on Sep 14, 2016 11:11am
"...that an elimination of the dividend (and the DRIP) will be announced in short order." Maybe, maybe not. I see a substantial cut (not elimination) of the monthly dividend and suspension of the DRIP.