Neo Performance Materials Inc T.NEO

Don't understand finances of this company.

[zforzebra]

How can it be losing money and then paying such a consistent dividend?  Also, for a company that is supposedly losing money, it has very little debt.

I can't tell.  Is all that EPS losses attributed to depreciation or goodwill writedown?

[Specific]

5I RESEARCH from oct. 30 Neo Performance Materials Inc. (NEO) Q: I own some NEO performance materials and I noticed it is at 52 week lows, and at the currrent price (a little under $7) the dividend yield is about 5.7 per cent. The net cash on the balance sheet (according to the last quarter) shows that the market cap is about 30 per cent covered by the cash on the balance sheet. This

[zforzebra]

I think part of the reason it has a decent balance sheet is share dilution in the past 3-4 years.  Recently, it has been share buyback though. I think business is interesting.  I think EV motor transition away from rare earth is not certain and if true, there will continue to be need for rare earth anyway.