TSX:HOT.DB.V - Post by User
Comment by
Mining_Dudeon Sep 05, 2017 12:38pm
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Post# 26656989
RE:RE:RE:RE:RE:RE:RE:RE:RE:National Bank
RE:RE:RE:RE:RE:RE:RE:RE:RE:National BankI've asked him this same question. I would venture to guess he's inapropriatly using the term "return of capital". He thinks that because the share price has gone down, when adding the dividends the company has paid out over the same period, it does not fully buffer against the declined share price and therefore makes the dividends "return of capital" from his perspective. snewguy, if I'm incorrectly interpretting what you're saying, happy to discuss.
maypeters wrote: good you are not stressed. >>> Divvy is partially if not fully return of capital for last couple of years
It is easy to make statements without backing up with any proof. Making a statement like that especially for the "FULLY" word would work if you can show from the financials how this is true.
What you are implying is that the dividend is not covered by the AFFO per unit. Please show us how this has been going on for last couple of year. Obviously all the analysts and management seems to have missed your analysis and is lying to investors The ball is in your court and if you do not have the guts or the data to back up your statement then would be a good time to keep quiet and let it go. From the TD Analyst: With a well-covered 9.3% cash yield and above-average annual AFFO/unit growth in 2018/19, we believe that the current unit price represents an attractive entry point.
From Management call on Q2:
Management said on the Q2 earnings call, "The AFFO payout ratio was skewed this quarter at 84.8% as it reflected the June 2017 offering with minimal corresponding cash flows. We expect this ratio to improve as cash flows are generated from the Eastern Seaboard portfolio."
snewguy wrote: not stressed maypeters, just commenting at the typical persistent cheerleading of a dog stock that is now trading at 9. the divvy is partially if not fully return of capital for the last couple years. thats my comment. if you don't want to hear it over and over again, than ask all the pumpers and promoters to do the same...are you so insecure and in need of a pat on the back that all you want to read is overblown optimism and hype? i guess so... perhaps just close your eyes and dont read.