• @[email protected]
    link
    fedilink
    English
    01 year ago

    Right but if you were not in any danger of default they would think you a dick if you spent nothing on gifts. You’re moving the goalposts. The statement was that no dividends should be paid while there is any debt, which as I say is a stupid one.

    • @[email protected]
      link
      fedilink
      English
      0
      edit-2
      1 year ago

      On the contrary, I’m putting the goalposts back where they were before you misunderstood them.

      From the article:

      Hall concludes the companies have borrowed to pay dividends, rather than to invest in infrastructure projects. The £123bn of capital expenditure spent by the companies has all been financed by customer bills, the analysis states.

      • @[email protected]
        link
        fedilink
        English
        0
        edit-2
        1 year ago

        Read the thread you’re commenting on mate.

        Under no circumstances should a company be borrowing and paying dividends at the same time

        I have no objection to particular instances of imprudent dividend paying being criticised. I specifically rejected this absolute statement.