TSX:NWH.DB.G - Post by User
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SNAKEYBOYon Jun 27, 2023 4:42pm
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Post# 35517171
Dividend cut is not guaranteed
Dividend cut is not guaranteed It can come but it may not. Management seems comfortable running payout high for a few quarters. Their non core sale traction is probably going to be the story ...JV likely take longer. I'm not a fan of them talking "oh yeah we expect affo to go up 5 cents by end of year" but they can take that stance again to buy them more time. A dividend cut may be bad not because it's a prudent move but because the appetite for their properties isn't that great. We'll find out on August