TSX:HOT.DB.V - Post by User
Post by
flamingogoldon Sep 13, 2023 12:45pm
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Post# 35634109
April 8, 2020
April 8, 2020That was the last time the stock was trading at today's price when covid dominated global headlines, businesses were shuttered and the distribution here was suspended with bankruptcy looming.
Today we have a distribution over 12% at less than a 50% payout ratio, near pre-pandemic capacities and while debt servicing costs are higher, optons exist to deal with it and no where is the entity facing insolvency like 3 years ago.
Makes perfect sense.