RE:RE:So who is right?A few year earlier, payout ratio rose to more than 100%. Now, is under 70% religiously but not as low as 39%. The compny statement is right.
Stonksonlyup90 wrote: Payout ratio has never been at 39%, this is an "income trust"... not sure what he was thinking! Regardless, very stable distribution at a mid-60s payout ratio and with the KIMCO redemption they have the capacity to fund another deal.
Great management, massive position for me with a $12 ACB - looking forward to collecting more distributions and potentially (likely) a distribution increase this year!