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Meridian Bioscience, Inc. Message Board

  • harveykimsey harveykimsey Jan 17, 2012 12:33 PM Flag

    Dividend looks unsustainable...

    With a payout ratio consistently over 100@ and no debt that I can see, how can they sustain the dividend? Looks like their balance sheet will continue to dwindle.

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    • I agree with you completely that the dividend is unsustainable. However, they can cut it in half and get payout right in line.
      Today with price under $18, I again (3rd time in 5 years) bought in and would continue right down to $16 or so which would be rock bottom.
      With small the short interest, my group finds this very attractive with a 2% plus dividend guaranteed for the year out and a hitch on business that wcould be a great incremental acquisition to Beckton Dickenson or the Abbott regents/device spin off in 2012.

      Pharm is on the prowl and i doubt VIVO will be left alone for more than a year more or so. The short squeeze could be spectacular. Great risk rewrd scenario for a long - much more upside than down, and paid a little to wait.

    • You were and are RIGHT ON. Earnings again failed to cover dividend. This is a $10 stock, until and if, it ever can again be classified as a growth stock.

 
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