BNN Friday on AQNBNN Host Question: Is there any possibility they (AQN) would have to cut the dividend?
Ryan Bushell:
"I think there is a possibility now after today's news . . . with interest getting closer to 8% and with interest rates rising, definitely a warning sign, and with cash flow tight on these new aquisitions, they are going to need to see some cash flow come on":
"Holding with a view to buy, BUT they will want to see if it needs to be flushed out further with a dividend cut . . . they have to have a chat with the company and see where things are at!"
https://www.bnnbloomberg.ca/ryan-bushell-s-top-picks-november-11-2022-1.1845278
Large shorts at play folks .... dividend cut is not off the table ... yet!
Good luck!