Cramer's Mad Money - Is Your Dividend Safe? (12/10/08) [View article]
WIN has better cash flow than earnings show. It has about 50% more depreciation per quarter than CapEx spending, so it has that extra cash to buy back shares and pay down debt. Depreciation much greater than CapEx is always great for the cash flows for dividend / value investors. I hope the stock stays low so I can buy more 11+% tax-advantaged yields in a business that is fairly recession-resistant.
Cramer's Mad Money - Is Your Dividend Safe? (12/10/08) [View article]