04-05-2022, 10:03 AM
$GT Goodyear Tire needs to turn on its dividend again…
<!-- SC_OFF --><div class="md"><p>With the addition of Cooper Tire and it’s robust EPS, Goodyear needs to turn on the dividend again, even in a small way. It seems as if Goodyear’s management is too hyper focused on paying down its debt, which is good in the long run, but isn’t that great in the short term. A balanced approach of both short and long term, would better maximize shareholder value. Either way, look for a robust revenue and earnings beat later this month. $GT should be $20, not $14.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/dumas-trader"> /u/dumas-trader </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/twdmf5/gt_goodyear_tire_needs_to_turn_on_its_dividend/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/twdmf5/gt_goodyear_tire_needs_to_turn_on_its_dividend/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>With the addition of Cooper Tire and it’s robust EPS, Goodyear needs to turn on the dividend again, even in a small way. It seems as if Goodyear’s management is too hyper focused on paying down its debt, which is good in the long run, but isn’t that great in the short term. A balanced approach of both short and long term, would better maximize shareholder value. Either way, look for a robust revenue and earnings beat later this month. $GT should be $20, not $14.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/dumas-trader"> /u/dumas-trader </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/twdmf5/gt_goodyear_tire_needs_to_turn_on_its_dividend/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/twdmf5/gt_goodyear_tire_needs_to_turn_on_its_dividend/">[comments]</a></span>Kind Regards R