TSX:STB.DB.A - Post by User
Post by
slimjim11on Jan 14, 2016 10:42am
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Post# 24457751
Consistent insider buying, and C$ dividend hike
Consistent insider buying, and C$ dividend hike(1) Through the past year, insiders have been steady and consistent buyers. There have been no sales. (2) The dividend that was paid in C$ up until June of 2015, had never been cut. (3) Converted to US dollars for the July 2015 payment, the C$ equivalent has been rising, and is now 13.5% higher than it was six months ago. STB gives Canadian investors a way to profit from the falling Canadian dollar. (4) The business is growing on long term, predictable contracts with stable counter-parties. (5) The balance sheet is solid, with lease financing building residual value for shareholders. (6) Director Grace Palumbo also serves at Enercare, the same kind of high yield, consistent pay company which I have owned from $4 to $15. I'm sure her voice contributes to board discussions. I am a retired, professional investor and am amused by the rants and mistakes of the STB-bashers here.