Sino Agro Food Inc (fka SIAF)

[GRDTRI]

Yes good point and I agree. The eps should drive the dividend. And using a payout rate of say 33% of eps would be good over the long term. However, for the time period of the next 1-2 years I believe having a 10% yield and perhaps a higher payout rate would keep shareholders committed to buying. And assuming the payout rate stays at a good level that means management has to be disciplined and not start thinking they have extra discretionary money to start any new businesses like ...