TSX:AX.P.E - Post by User
Comment by
HermannHalleron Dec 10, 2021 6:23pm
157 Views
Post# 34220637
RE:Spec.div
RE:Spec.divAll regular monthly dividends are declared on the 15th, I don't think that has much relevance for the special dividend.
This special dividend pertains to the large disposal of properties substantially completed in July. On Nov 3, with the Q3 results, management confirmed a special dividend would come by year end. I think analysts and investors are frustrated that management is not more transparent, and had expected the details much sooner.
I like the fact that management has lots of money invested in the REIT, and therefore share my interests. But the uncertainty of the new strategy, and the lack of details on things like this are not going to help them attract new investors.