The company pays a 20% dividend yield with a P/E of 3. I understand that a dividend is taking cash out of the business so your shares are not worth as much after a dividend is paid. But a 20% yield and a P/E of 3? What’s wrong with this company?
The company pays a 20% dividend yield with a P/E of 3. I understand that a dividend is taking cash out of the business so your shares are not worth as much after a dividend is paid. But a 20% yield and a P/E of 3? What’s wrong with this company?
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