TSX:REI.UN - Post by User
Comment by
CANCDNon Dec 03, 2020 8:37pm
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Post# 32034230
RE:RE:RE:RE:What does a dividend cut really mean? Let's look at history.
RE:RE:RE:RE:What does a dividend cut really mean? Let's look at history. Also meshes with Sonshine radio interview couple weeks ago. The cut makes no other sense except if they can create tremendous value. If the 150mill kick starts shopper world have at er.
CANCDN wrote:
you think it is just a coincidence that on the day that the decision is released to the public after hours (RioCan would know this was coming) is the same day the announce a cut?
announce cut, then good news in the morning. Sonshine 101. Will announce they are starting ASAP with financing in place with requirement to keep payout below 80%
hroark7 wrote:
CANCDN wrote: they made this decision because they are going to announce shoppers world in the morning. 6x bigger than the Well, 20% sqft of all of RioCan in ONE redevelopment. They cut because they have to to get loan covenents!
If this happens, the stock will likely moon.