Is a high payout ratio always a bad sign?

Hi I'm new to the market. I have a small position in $EVA which supplies wood pellets. I think the company itself is strong and in the upswing.

However, there is a high payout ratio of late (120%+). Is this a major red flag?

Submitted January 06, 2017 at 02:36PM by DrLetric http://ift.tt/2jkbL6F