The high number of RIFs and poorly run ‘transfer to contractor’ (a clear RIF later but without severance) are both obvious signs of a company about to collapse.
I blame the board and I blame senior management for letting it get this bad.
The share price will continue to fall because the company itself is failing. This last ditch effort only hastens the final failure and inevitable sale.
And I for one shall not mourn the demise.
I can only hope that it makes the architects as bankrupt monetarily as they are morally.
5 replies (most recent on top)
@a7 Dividend Coverage
The dividend payout ratio of Fidelity National Information Services is 241.10%. Payout ratios above 75% are not desirable because they may not be sustainable.
I want out
I have asked numerous times for a package still waiting
@an No, its up to board to decide do they want to share the profit or reinvest it.
@a7 if FIS is earning money, it has to pay out the dividend to shareholders, Was something missed in terms of paying out the dividend?
Hmm i don't think so... FIS is paying out the dividend... Cutting it off would show the clear sign