TSX:VSN.DB.B - Post by User
Comment by
Beckysbosson Nov 14, 2016 3:14pm
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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 pricerighand2 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.