In this week's Safety Net, Chief Income Strategist Marc Lichtenfeld vetted the dividend safety of a 6.5%-yielding marine shipping company with a conundrum. As you can see from the chart below, this shipper sprang a serious cash flow leak last year - falling to negative $204 million in 2021. The forecast looks much cheerier for 2022. But is the chance of a cash flow rebound enough to keep its dividend safe? Catch Marc's thoughts in this week's Safety Net. |
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