Post by
Thestockguy on Dec 26, 2023 9:49am
Dividend going away?
"Although it is expected that interest rates have peaked and that central banks may begin to decrease interest rates in 2024, management and our directors continue to evaluate portfolio performance, the general business climate and the importance of maintaining sufficient liquidity to not only comply with our financing facilities requirements but also to take advantage of growth and strategic opportunities should they be available. This may result in a determination in the near term to temporarily suspend dividends."
Comment by
1condor on Jan 18, 2024 6:18pm
It looks to me that many came back into the stock assuming the divvy suspension will be temporary. Not sure if this will be the case or not. Stock looks fully valued here around 8 bucks. Sure hope management does reinstate the divvy.