STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

On The Way To $2.00

[goldsternp]

Well gentlemen. Oviously a circuitous route to $2.00. Too bad that so many can't recognize obviously, dedicated management  and dedicated employees. This company pays  7+% dividends out of cash flow and funds growth from 1.5-6% debt. Seems like a good deal to me.

[roxy14]

Me tooo. Long since 2009 and not even thinking of selling anything till pps gets over 8/9. Also love the fact that most of revenues r un US$ while majority if divis or in Canadian...

[d_trump]

Agreed.....plenty of overly simplistic cash flow analyses by the skeptics.  The fact is the debt is growing but not to pay the dividend but rather to invest in cash generating assets.  So as long as the growth unfolds there is no reason to worry about the sustainability of the dividend.  The Q2 numbers clearly demonstrate this.  Plenty of tailwinds here....fragmented industry