Post by
CanSiamCyp on Apr 20, 2021 7:32pm
Distribution declared
Relax now, guys!!!
https://money.tmx.com/en/quote/SOT.UN/news/6162686151979747/Slate_Office_REIT_Announces_Distribution_for_the_Month_of_April_2021
Comment by
Select55 on Apr 21, 2021 10:12am
Because iam fairly new to SOT what was the main cause of the 55 million loss compared to 2019 shown in the 4th quarter statement
Comment by
Capharnaum on Apr 21, 2021 4:09pm
They lowered value of their properties.
Comment by
Select55 on Apr 22, 2021 2:40pm
so wrote down for tax purposes 55 million in one year? in effect they never actually lost 55 million cash then? correct I see PO is only 67.7% thats pretty low why do some on here think a rate cut was going to happen
Comment by
Capharnaum on Apr 22, 2021 2:57pm
If they cut it, I don't think it will be a matter of payout, rather that they want to keep more cash in house (for new purchases?). I think it was just because the date of the dividend announcement was late.