RE: Low volume and spread14 Oct 2024 16:27
DEC reduced the dividend because the SP dropped. 10% is still a leader in the segment so no need to pay 30%. If the SP rises, so will the dividend. In the meantime DEC will use the saving to cover debt, share buybacks and/or acquiring more assets. All adding value, rather than giving it away.
As for all the other conspiracy theories, they are just that, a made up load of rubbish. With every day that passes, it's plainly clear that the business model is as good as the day it was started. If the SP was based on fundamentals it would be 3x what it is today. Sadly, the stock markets promote greed and profit based on untrue manipulation.