Company is half debt, half equity. 1 Billion total, every acquisition is immediately accretive to earnings. I see no problems. However,if we see a lowering of the debt rating, in my opinion, it would be time to leave. Remember, do your own Due Diligence. The game plan for the company makes sense to me.
you talk about this company being 1/2 debt and 1/2 equity as a positive thing. Equity is more expensive than debt. If things turn south, maybe this capitalization will save it from bankrupsy but it won't save the dividend. I still think this is waaaaay to lofty for me.