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Veresen Inc. T.VSN.DB.B



TSX:VSN.DB.B - Post by User

Comment by Beckysbosson Nov 14, 2016 3:14pm
304 Views
Post# 25458619

RE:RE:TD Waterhouse still a buy and keeps 11.00 target price

RE:RE:TD Waterhouse still a buy and keeps 11.00 target price
righand2 wrote:
$11 is an unrealistic target price, as that would imply just a 9% dividend yield with the total payout ratio at about 100%. Not going to happen. But this morning's share price is too low, and I could see a rise back to the high 8's. Coupled with the 13% dividend, that is not a bad payday.


  Wrong as usual.  Not to say I told you so but I did,  couldn't happen to a nicer guy.  Meanwhile his TransCanada purchase has been flat since June,  hope he is enjoying that big 3.8% divvy meantime. Not to say I told you so but I did,  couldn't happen to a nicer guy, ignored by 325 on SH alone.
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