Post by
Bigdaddy007 on Jan 11, 2016 1:36pm
Dividend cut inevitable
We are days away from hitting a 14% yield, this is not good news for anyone long stb, myself included. Payout ratio is a disastrous 371%. Time to batton the hatches. This is going to get a lot uglier.
Comment by
PowerPlay47 on Jan 11, 2016 2:39pm
Bigdaddy, can you explain where you get the 371% from? STB IR says it is at 70% and DG is on record last Q stating that it is going be beaten down to 60% in calendar year 2016. Why all the fear mongering and false statements? Please explain. Thanks
Comment by
jammo71 on Jan 11, 2016 4:00pm
It's not hard to figure out the fear-mongering, looks like a lot of people are short this stock and will do whatever they can to pile on in a negative market. The great thing about being unscrupulous is you can say a bunch of crud and then never worry about backing it up. Which is what it seems the whole Short Industry is about.