TSX:BTB.DB.G - Post by User
Post by
Tree2treeon Mar 22, 2022 9:37am
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Post# 34533976
Not a big deal
Not a big dealI consoled myself by adding some shares just now at 4.20. As others have pointed out, this is what we expect from BTB.
- Great return and safe dividend.
- However, share price appreciation is capped by periodic share issues.
At least this time, they are raising at a decent price that is higher than where we were a week ago. And the share price this morning allows existing shareholders to participate at the same price.
There are other stocks that I hold expecting share price appreciation, but BTB is only for the dividend, which remains very safe. I guess it comes down to management egos - they dream of running a bigger company, rather than dreaming of increasing returns to existing shareholders.