The best thing about a multi-year bear market? The bargains.
Today we’ll talk dividend deals. Big payers. Stocks yielding up to 10.3% and trading for as little as three-times free cash flow (FCF).
That’s right—3X FCF!
Profits are Fake, Cash Flow is Real
Wall Street accountants can “adjust” just about every number in a 10-Q. “Adjusted earnings.” “Adjusted EBITDA.” Heck, I’ve even seen “adjusted revenues.” But it’s next to impossible to “adjust” cash. Cash flow is, well, cash flow.
Also, cash is ultimately what pays us. Dividends aren’t paid out of sales, or even paper earnings, but out of real cash.… Read more