Many have been interested in SATS on my Dividend Stock Tracker since it yields 9%. I decide to look at it again and see if that is sustainable. So is it sustainable? It looks like I make a mistake factoring in special dividends. To manage the expectations, it is better to exclude the special dividends if we conservative look at sustainability. the dividend yield fell to 3.8% if we take out special dividends. Here is a break down of the dividends versus the earnings and free cash flow per share. You can see that the Nov dividends are increasing gradually and not falling back. The Aug gets augmented with special div. Taking it out, a safe estimation is 11 cents. But an alarming thing is that seeing the free cash flow trend to be drastically falling as the years go buy. I thought they are making more acquisitions? Are ......