After CXW coverts to a REIT does anyone have an idea what their future yield will be? 90% of earnings will have to be paid out to shareholders so they will obviously save on future corp. tax which has been in the range of $85-90 million.This also takes into consideration that earnings stay at least consistent w/ prior years. Understand that this is hard to estimate but curious on my end.
Simple...huge dividends and you answered your own question....90% of their yearly profit to the shareholders whatever that may be. Haven't met any fortune tellers around here that actually could tell the future but the company is growing still.