Those dividends aren't sustainable, right?
FTR and BPT Dividends
- Thread starter Arnie Guitar
- Start date
According to my Yahoo stock info, FTR is paying a 20.39% dividend and BPT is paying a 16.85% dividend.
How can that payout rate possibly be sustainable?
How can that payout rate possibly be sustainable?
BPT is a trust, with hardly or no debts I think. So they will continue to pay out their cash.
The Motley Fool article says they might run dry end of 2020 depending on the oil price, so maybe then they will stop.
https://en.wikipedia.org/wiki/BP_Prudhoe_Bay_Royalty_Trust
https://www.fool.com/investing/gene...before-you-buy-bp-prudhoe-bay-royalty-tr.aspx
The Motley Fool article says they might run dry end of 2020 depending on the oil price, so maybe then they will stop.
https://en.wikipedia.org/wiki/BP_Prudhoe_Bay_Royalty_Trust
https://www.fool.com/investing/gene...before-you-buy-bp-prudhoe-bay-royalty-tr.aspx
FTR... hmm... So they are paying about 400mln yearly in dividends. That's gotta come down if you look at their cashflow and balance sheet. GS is already saying they can't keep that up for that exact same reason... that's why it's been dropping I guess.
https://www.fool.com/investing/2017/03/22/why-frontier-communications-corp-plunged-today.aspx
So what's your strategy on this?
https://www.fool.com/investing/2017/03/22/why-frontier-communications-corp-plunged-today.aspx
So what's your strategy on this?