just stated at the investor conference today. What will the share price be with a fully covered dividend? $30? $40?
Growth is the most important thing - people won't pay north of 30 - 40 p/e for this company whether the dividend is covered or not - especially if interest rates rise. It will be interesting to read the transcript.
you have to pay $150 to get the transcript though you can listen for free
If they cover the dividend and then some, that implies $1.50 in earnings. A 20 PE is $30/sh
I am expecting some good commentary in the next Conf Call. For them to be this confident, things must really be going good