Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
A yield like we currently see in this name is usually not sustainable.

The criticism lately form the Fool assumes that a dividend cut is in the cards because the company is only expecting to cover at a 1.1 rate, which they could presumably double by reducing the payout to 9%.

At the moment, there is nothing that says this company is bankrupt or near it, rather it took a recent hit from the big drop in energy prices in Q4 2018, which has now reversed.

This is not mostly a commodity company, it is down over 70% from its 5 year high, it continues to make money.

I'm a little long and thinking to buy more.

For those with premium access, a contrary view. https://www.fool.com/premium/coverage/investing/2019/04/09/1...
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.