TSX:ERE.UN - Post by User
Comment by
Mephistopheles3on Feb 20, 2023 9:12am
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Post# 35294885
RE:analysts
RE:analystsThanks guys,
One area that I was disappointed in (unless I made a mistake reading through the annual report) is that the distribution was not increased for 2023, despite the relatively decent results and operating at the bottom end of their payout ratio.
This indicates to me that managemnet is apprehensive of the impact of interest rates and being prudent are not increasing distributions. This is probably a wise choice - but my personnel philosophy is to have a dividend grower.