Dividend increase coming. 5x forward PE/2x cashflowSo with the leverage reduced down below 3x to a 2.93x level as of last quarter, I would expect them to announce a divvy increase (not my preferred route), or a large share buyback (definitely better use of cash at this stock price).
250m of FCF buys back around 20% of the outstanding shares, which they can do every year even with flat revenues (+- 5% which right now is above 5% growth). This would also boost EPS from around 1.2-1.60/share upwards past 2 bucks/share EPS.
There is a reason why the Dow is @ 26000 while the TSX is still struggling at 16000 and that is because the yanks buy back shares to increase EPS.
StackTV on Amazon Prime TV is a winner, I'm subbed for 13/m is like a dollar per channel for CJR content.