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