TSX:ONR.UN - Post by User
Post by
biggerclickeron Nov 14, 2016 7:10pm
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Post# 25459793
Another good quarter.
Another good quarter.
Looks like the 6 months previous to this quarter had a payout ratio of 71.1%. And with this quarters 67%. That is definately a good sign, hopefully its bankable.
I cant remember what they said in the conference call last quarter when asked about dividend increase, but I beleive it was something along the lines of only thinking about that when they get their payout ratio below 67 or 65 or something. Well they hit 67% this quarter. Last call it seemed like they were expecting to hit this next year.
I dont think we will see a raise for a while. But who knows. If they keep this up. Maybe start of next summer?
Looking forward to the call transcript tomorrow. Can someone post the link here when its available.