Sun, Mar 1, 2015, 8:38 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Plum Creek Timber Co. Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • alexorjona alexorjona Dec 16, 2010 3:04 PM Flag

    How Safe The Dividend???

    Here's a quote from the last conf. call:
    In the midst of the recession and slow recovery, Plum Creek has continued to perform well financially. We have strengthened our balance sheet and reduced future cash obligations by opportunistically paying down debt and repurchasing our stock. Our geographically diverse assets continue to grow in value, and we remain focused on growth in the value of the company in everything we do.

    Cash flow from our operations this year, exclusive of any changes in working capital, should be approximately $450 million, resulting in a dividend payout ratio of about 60%. Even without the Montana Conservation Sale that will close in the fourth quarter, our payout ratio would still only be 75%. So we remain very comfortable with our dividend

 
PCL
43.44+0.11(+0.25%)Feb 27 4:04 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.