TSX:MRT.DB.A - Post by User
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Shirtlessnomoreon Feb 17, 2021 9:19pm
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Post# 32592342
RE:RE:RE:RE:Based on FFO of last quarter
RE:RE:RE:RE:Based on FFO of last quarterI would only assume the least they could do that would make the most sense is for every 2 cents of drip to MRC and elsewhere there would be 2 cents of buyback power to compensate leaving a zero impact on the float. In fact the extra 2 cents of cash payout could be used a number of ways including more buyback power
saintpeeter wrote: Good point - if cutting the dividend today is the right decision to position the company for a better future then fine, it is the right finance decision - & thenit doesnt make sense to do a DRIP
Do you know if they are doing share buybacks