Volume and debt equity ratios don't matter. As they say in...

Volume and debt equity ratios don't matter. As they say in America; here's the thing.

Has a revenue of 3.2 billion in 2016.

Should have a revenue of 3.5 billion in 2017 after accretions.

Should make 10 percent on that - equals around 350 million.

Should make a dividend of say 70 percent out of that across full year 2017.

Thus dividend should be about 200 mil over the year. Earnings are skewed toward second half, so....first half div should be around five to seven cents. Maybe.....

If not it'll be ugly for a couple of years ...