Q: Peter,
You should look more closely at STB. It is a great little company that is total misunderstood due to how it finances itself and the seasonality of their revenues. Income, profits and cash flow continue to rise over the years. I am a longterm shareholder and love the dividend.
The following is from their 2013 annual report:
"We finished the year with
a pay out ratio of 79 percent and
forecast that number to decrease further
in fiscal 2014."
Regards
John
You should look more closely at STB. It is a great little company that is total misunderstood due to how it finances itself and the seasonality of their revenues. Income, profits and cash flow continue to rise over the years. I am a longterm shareholder and love the dividend.
The following is from their 2013 annual report:
"We finished the year with
a pay out ratio of 79 percent and
forecast that number to decrease further
in fiscal 2014."
Regards
John