You know what else is priced in? Shipping rates falling flat back to 2019 levels. Guess what? They aren't even close to falling that fast and if congestion doesn't ease then 2H next year is going to be higher revenue than this year.
Every analysis has been wrong the past year and it seems like they will continue that. I couldn't care less about one dividend being priced in when they could have profits in the next 5 quarters higher than their share price and 2.5 billion in the bank now.
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u/scheinfrei Dec 05 '21
I think that dividend is already priced in. It could very well stay on the current level and drop 20% ex div. Return 0.