TSX:ONR.UN - Post by User
Post by
biggerclickeron Nov 17, 2016 1:08am
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Post# 25473203
transcript
transcripthttps://finance.yahoo.com/news/edited-transcript-onr-un-earnings-193756069.html
Hopefully all does go to plan. So far their past year has gone to plan.
I hope they start share buybacks. I would love a statement next year saying if payout ratio is stable and expected to stay below our threshhold, any excess payout will be applied towards share buybacks provided our price to ffo is below $$$/share.
Something like that would keep payout ratio before buyback decreasing or share price will increase. all things being equal.
I also like that they have decreased the payout ratio, and i know that private investor likes to pressure them to go bananas on dividend. But i think they have the right idea with the payout ratio. So i am glad they will stick to it. And i hope they do buybacks instead of div increase.