Windstream has a trailing EPS of $0.86, an estimated forward EPS of $0.88, and is paying a dividend of $1.00. How can this dividend be safe? It cannot.
I would not be surprised to see the dividend cut to $0.50. The current price is $7.97, so the dividend yield would be 6.2%, still a good return if the price per share remains constant or rises.
P/E - Value Plays or Value Traps? [View article]
Windstream has a trailing EPS of $0.86, an estimated forward EPS of $0.88, and is paying a dividend of $1.00. How can this dividend be safe? It cannot.
I would not be surprised to see the dividend cut to $0.50. The current price is $7.97, so the dividend yield would be 6.2%, still a good return if the price per share remains constant or rises.