TSX:PMZ.UN - Post by User
Comment by
DeanEdmontonon Jan 10, 2022 1:43pm
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Post# 34300543
RE:I am
RE:I amDividend will be about 6%, paid Quarterly, so first ex Div date should be end of March early April, with payout in the next 20 days. The payoutt is 50% of free cash flow, so as rents in malls decrease over time, assuming they do and the malls aren't converted to other uses, the dividends will drop.
maplak wrote: dividend collector. During covid time I have build portfolio of 21 stocks. Thinking to pick up PMZ. Any idea when they start paying dividends and what could be reasonable 1 year target? Thanks.