An Unsustainable Dividend is no Dividend at all (eventually) (Calumet Specialty Products)
September 20, 2009
As you may recall, I commented on the dangers of being a yield hog, which is a constant temptation for those of us who seek investments that produce high and sustainable cash flows. Sustainable but not high is not good enough, and high but not sustainable is even worse, because when the cash flow runs […]
1