Exchange Income Corp T.EIF

Alternate Symbol(s): EIFZF | T.EIF.DB.J | T.EIF.DB.L | T.EIF.DB.M | T.EIF.DB.K

Industrials Airlines

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations. Aerospace includes its vertically integrated aerospace offerings that provide customized and integrated special mission aircraft solutions primarily to governments across the globe. Aircraft Sales & Leasing includes aftermarket aircraft, engine and parts sales and aircraft and engine leasing, along with aircraft management services. The Manufacturing segment is comprised of three lines of business: Environmental Access Solutions, Multi-Storey Window Solutions and Precision Manufacturing & Engineering. The Company also focuses on portable hydronic (glycol-based) climate-controlled equipment.

TSX:EIF - Post by User

Exchange Income Corp

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Comment by bek816on Nov 09, 2017 1:38pm

124 Views

Post# 26934287

RE:Dividend

lnvestor198 wrote: Am I correct in my thinking that the dividend is safe here after these results?

Free Cash Flow was $55.8 million, an increase of 22%

Free Cash Flow less Maintenance Capital Expenditures was $36.0 million, up 36%

Payout ratio as a percentage of Free Cash Flow less Maintenance Capital Expenditures was 45%, the lowest level since the Corporation converted from an income trust