buying in will be a great deal now. However, most times where there is smoke, there is fire and yes, us small investors will be the last to know. I'll be watching closely, not selling any, but may add when the dust settles. Down market today may push it below 15. Still long term, probably a good entry point.
While Consolidated's pro forma dividend will be sizable, at about $60 million, it has some discretion to curtail dividends to bolster liquidity. However, we do not expect the company to use this flexibility unless it is under financial stress. If net debt leverage exceeds 5.1x, the dividend must be suspended according to the terms of the credit facility.
SO any mild recession, downdraft,rapid loss of land lines, failure to achieve cost savings etc. makes this div suspect. i could see them cutting it, the stock would never recover if they did.