TSX:NWH.DB.G - Post by User
Comment by
Capharnaumon May 31, 2023 1:53am
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Post# 35471682
RE:RE:DON'T UNDERSTAND
RE:RE:DON'T UNDERSTANDThis stock has been there before (high payout) and they never cut. The main reason is that the dividend is a huge cashflow input for the CEO. Also, like they've stated in their last results, they expect the payout to come back down in about 9 months, so they could keep up the dividend in the meantime.
The market is just discounting all REITs and there's a bit of fear about the health of their tenants since many companies in the sector carry large debt.