TSX:SRV.UN - Post by User
Comment by
BlueJay2020on Oct 04, 2021 6:24pm
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Post# 33964850
RE:RE:October distribution...
RE:RE:October distribution...It's certainly not completely out of the question. There are so many factors that go into the decision. SIR was perhaps a bit hasty pre-COVID to raise the distribution and then had to cut it. Will that give them pause for thought, or will the new composition of the Trustees result in a more agressive stance?
Then there's the message they might want to send to current and potential investors - but is that really a factor? The short/medium share price should be pretty irrelevant to these big fish.
Personally, if they are looking to raise the distribution again, then I think January would be the time to do it, once Christmas is under their belt. I guess we still won't have work Christmas parties lining up, unless some companies see this as an ideal opportunity to bring their teams together after so long working remotely.
flamingogold wrote: Judging from what I witnessed on the weekend, I am ready to believe anything. Sports is back, indoor dining restrictions are likely to hold or decrease and this year's holiday season will be gangbusters while last year was lost. Another bump in the distribution is likely possible soon after if not earlier. Long and strong!
BlueJay2020 wrote: ..will be anounced possibly this week, or early next. Anyone prepared to bet that it won't be another nine-center? I'm not!