KPT.to? I’m retiring in 10m & I want to continue benefiting from stable divs

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Asked on March 29, 2021 2:36 pm
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Hi Manual,

Can't really tell if there is a question in here or not - but in terms of KPT, it posted negative earnings in 2020, so let's look forward. On a forward basis, the dividend is expected to account for only 43% of earnings in 2021. That is very respectable. It doesn't generate positive operating cash flow, so that is a little concerning. It also has no dividend growth to speak of, so I would not rely on them for growing income.

Honestly, not really one that jumps out as being 100% safe or all that attractive. While the yield may be alluring, I'd say approach with caution.

Mat

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Posted by Mathieu Litalien
Answered on March 29, 2021 5:40 pm