TSX:REI.UN - Post by User
Comment by
CANCDNon Dec 03, 2020 8:32pm
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Post# 32034209
RE:RE:What does a dividend cut really mean? Let's look at history.
RE:RE:What does a dividend cut really mean? Let's look at history. your wrong blue.. they will announce approval of shoppers world redevelopment tomorrow as well as financing arrangements to start right away which required payout below 80%. That is standard convenant for a new loan.
heard it here first.
BlueGuitar1 wrote: What will happen tomorrow?
The price is going down BIG. The hint was there when Sonshine said he wouldn't want to cut the dividend, but it is up to the board.
And there will be no herd immunity until at least 2022. So watch businesses go bankrupt. My guess is RioCan knows that collections will be down big going forward and that is why they are cutting the dividend now. Just my opinion.