TSX:SOT.DB - Post by User
Comment by
johnlives1on Aug 04, 2015 11:36am
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Post# 23986971
RE:RE:RE:payout.
RE:RE:RE:payout.Minerr101 wrote: I have been buying. The 11% yield does seem sustainable . TD has it as one of their top REIT picks. Way under NAV . I am guessing a catalyst could be their qtrly earnings report
Q2 will still have a AFFO payout ratio of about 100%. Q3 is when you will see the benefit of the acquisition and the cash starting to come in on their Manitoba tel building. That building alone is supposed to add .12 cents in AFFO a year. It is way under nav but may have to be patient until Q3 results .....