6/7% Notes? will this cash come from Stock Dividend?
I was actually thinking of getting a few notes they seem more stable then the stock 2018 isnt too far away either But if this is going cash will be comming from annual earnings, where else? I am assuming that the quarterly earnings will take a balance hit and thus the Dividends will have to be lower in the future? just back of the napkin addition and subtraction here...does anyone have any info on this that would change my assumtions?
When you borrow 1.55 billion on top of existing debt, the only place the money can come from is annual sales...Now UGI could help out, but that would just add to the debt. $45 million in the hole already?? I would be real careful with my money. Bank of America just downgraded AmeriGas this morning..This is just the beginning of a long hard road for AmeriGas...Keep watching.