ATAX - America First Multifamily Investors

Can anybody give me an opinion on this? How can they sustain a 50-cent dividend when their earnings for the past five years are waaaaay less than that?

It looks like a giant Ponzi scheme to me.

Factset says they have been net cash flow positive the past few years. Are you looking at the right earnings?

i saw it. he is right, the free cash flow as well as their net income is much smaller than their dividends.

Supported significantly by issuance of equity & debt from the quick peak i saw

Yea, that seemed to be the case