RE: RE: RE: Down another 6% todayYou may want to take a look at the history of DGI.UN (now just DGI). Two years ago it traded so low that the distribution was up to 22% at a payout ratio of 110%, the market had factored in a distribution cut. In the end they did cut by 40% but it was 18 months later and by then the new tax laws considered it a dividend, so the actual after tax cut was closer to 10% and their payout ratio is now under 70%
The basic rule is the market is always right, except when it is wrong.