STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

Payout ratio suggests dividend hike is coming

[slimjim11]

With the payout ratio now around 60%, it's time to ask, "When will STB hike their dividend?"
A hike here would certainly lay to rest the concerns of whether STB can sustain their dividend, and could see the stock shoot to C$10.  At current prices, the current yield is 8% which is attractive.  If the yield is widely understood to be sustainable, the share price could pop quickly, aided by short-covering by the investors who didn't do their cash flow analysis properly.  GLTAL.