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

no Q3 dividend increase

[TickerTwit]

Am I the only shareholder disappointed by the absence of a Q3 dividend increase? It seemed within reach, especially with USD strength amplifying the partner performances.

[SunsetGrill]

Really? U thought they were going to announce a divy bump within a simple divy announcment? Companies only announce divy increases with their qtrly  financial announcements /statements  I'm fine either way but a high divy into a recession is not good planning   The high divy is how they got into trouble last time  and they are still digging out  7.5% or 8% what is that

[Tommy123]

This post has been removed in accordance with Community Policy

[SunsetGrill]

I guess imitation is the sincerest form of flattery

[TickerTwit]

The FNC redemption explains the dividend not being increased. I should have guessed a redemption was coming. .

[Stonksonlyup90]

I'll take a 42% IRR all day every day instead of a distribution increase!! The redemption is positive news, further fortifies the Balance Sheet and allows optionality for deals that arise in the coming year. Kudos to management!

[Tommy123]

This post has been removed in accordance with Community Policy

[TickerTwit]

I like a good IRR too, given that the alternative is a poor IRR. But I also like tangible shareholder returns. However, that's an aside to the news; redemptions are part of the business model, and by themselves neither imply nor deny the ability to grow distributions. .