Alaris Equity Partners Income 5 50 convertible unsecured subordinated Debentures T.AD.DB

Alternate Symbol(s): ADLRF | T.AD.DB.A | T.AD.UN

Financial Services Asset Management

Alaris Equity Partners Income Trust (the Trust) is a Canada-based private equity company. The Trust, through its subsidiaries, provides alternative financing to private companies. The Trust’s operations consist primarily of investments in private operating entities. The principal objective of the Trust is to generate stable and predictable cash flows for payment of distributions to unitholders of the Trust. The Trust offers a range of services, which include services, healthcare services, industrial services, professional services, information technology services, and construction-related services. The Company’s investments are made through a wholly owned Canadian corporation, Alaris Equity Partners Inc., and its American investments are made through, Alaris Equity Partners USA Inc. (Alaris USA) and Salaris USA Royalty Inc. (Salaris USA). The Trust also has a wholly owned subsidiary in the Netherlands, Alaris Cooperatief U.A. (Alaris Cooperatief).

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Alaris Equity Partners Income 5 50 convertible unsecured subordinated Debentures > payout ratio and book value

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Post by mickeymouseon Jul 09, 2021 1:53pm

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Post# 33521950

payout ratio and book value

From the July 7th news release:

"It is estimated that the cash flows associated with the full payments from PF will decrease the trusts run rate payout ratio by over 4% to between 55% and 60%"

Very postitive news no matter how PH (Scotia analyst) tries to spin it - he is the only one of 8 analysts who does not rate Alaris as a buy or outperform.

When you compare the payout ratio and yield for Alaris to the other choices in the dividend universe it stacks up very well.

In adddition to the PF distributions being restarted the addiitonal bump in the book value of their investment in CCom is a nice suprise - $7.2 Million USD more than what it was valued at the end of Q1 this year.

"Creating the optimal dividend stream for investors" is the main statement from the investor tab on their website - with the payout ratio where it is don't be suprised if there is a dividend bump announced next quarter.

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