Despite a solid dividend-paying track record, the company’s current finances cannot support the dividend. In short, it will have to find the money to pay it, improve its cash flow, or reduce the dividend.
This company has a lot of cash. And I mean A LOT OF CASH. Even if the business didn’t generate one dollar in cash flow, it could still pay the dividend for five years based on its balance sheet figure… and for 16 years if you include all of its foreign-held cash.