Quote:
Originally Posted by CorsiHockeyLeague
So that article says Transalta cut their dividend by 78% to save them 160 million bucks. Fair enough, but it also says they eliminated their DRIP at the same time. Can anyone who understands this stuff explain why on Earth they would eliminate their DRIP if they're trying to save money by paying out less on dividends?
|
DRIP dilutes current shareholders at a time when the company is trying to protect their EPS