Inovalis Real Estate Investment Trust T.INO.UN

Dividend cut coming ?

[incomedreamer11]

We need dividend cut in half and cancell DRIP plan

[Kylemcc10]

Nah

[hawk35]

I haven't held Inovalis for 3 years now.  I have been watching this stock but the payout ratio is way too high.  The special dividend they paid a few months back was a red flag since it would have been better spent growing the company.  And the share price has never recovered from this special dividend. The big concern now is a possible rescession because of rising inflation

[rabnud]

I dumped all of mine today at a huge loss  only showed like 1.3 million income last quarter and AFFO is 206%  they wiill have to cut the dist 

[my2pennies]

May 12th was a fantastic buying opportunity. Talk about a sweet gift. It blows my mind people dumped this stock just because of a temporary large AFFO payout ratio. Once the new acqutions start contributing to the AFFO, the ratio will be driven down to quickly. I think people are starting to realize this (which was always evident) hence the good gains made in last week. It's been a while since

[YieldChaser]

I did the exact opposite and DOUBLED DOWN .. NAV is $9 .. so huge upside esp with saved cash from 50% lower distributions !

[Shirtlessnomore]

I agree, sure it frustrates people between the cut and price drop but the reality is the company is in better shape now with the cut than it was without, the sp will come back as they always do with good companies and that makes this a buy with still a decent yeild. These type of things are my bread and butter, cheers!

[Lyburnum]

This has really hurt my investing strategy. I had a LOC taken out and I was making my payments with the dividends from INO.UN. I'm down bigtime. Now that they are restructuring, I have a good idea that given enough time there will be insiders buying up this cheap REIT plus stock buybacks will both reinflate the price to a more normal level. current divident yield is 8%. Anyone who gets in at

[incomedreamer11]

Watch out, need a confirmation double bottom around 4.5-5 CAD

[Shirtlessnomore]

Yes please! I'll add.

[BlueJay2020]

Absolutely! Never underestimate how low a stock can go. $5.50 may have looked a bargain but its already 10 per cent down since then.  Management's credibility has taken a real beating here. If it does slip below $5 then there is a danger of mid-$4s. i have my finger on the buy trigger but quite happy to keep it there a while. If it suddenly rebounds, then so be it.    &

[incomedreamer11]

Long -term support is broken , no more support from technicalls incomdreamer11-(8/17/2022 12:27:21 PM)Lo RE:RE:RE:RE:RE:RE:Dividend cut coming ? Watch out, need a confirmation double bottom around 4.5-5 CAD

[Shirtlessnomore]

Absolutely, another great thing is the fact that they are acknowledging the fact that there would be a short term drop and suspended the drip, I know it might suck for those getting that but the mere fact that that do not want to give shares out at this price is a very good tell. Cheers!

[scarface9]

They must have read your message.

[Kylemcc10]

Well cutting in half is one way to reduce payout ratio. They're getting hosed in the currency exchange 

[Retiredvini]

Of course it was coming with that stupid share price! Same with DRIP,  lol ... great reit , going back to pre pandemic but traders are making it sketchy... oh well , ima keep buying, now let's fly! 

[RusticHit]

crazy sell off is it going Under >????

[BlueJay2020]

No, but this is what happens. We have seen it many times before - as with Corus. An unsustainable dividend being the primary attraction for investors - who head for the exits as soon as it is cut.  it becomes a show-me story and it can take a long while to restore confidence. I wouldn't be surprised to see this dip into the high 4s, at which point I might start to get interested - but I

[YieldChaser]

They did EXACTLY that yesterday !   Next up: normal course issuer bid ?? As NAV about $9 so 40% discount to NAV !!