TSX:NWH.DB.G - Post by User
Comment by
PaulKingon Jun 02, 2021 11:34pm
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Post# 33316899
RE:RE:RE:RE:RE:RE:No distribution raise in 9 years?
RE:RE:RE:RE:RE:RE:No distribution raise in 9 years?1) To be clear, they reduced the dividend from $.08 to $.07 after only 1 month of existence in 2010.
2) I am all for growth, but for a REIT it absoulutely has to result in more dollars in the shareholders pockets. I do not ever buy a REIT for the potential of share price increase. I buy it for distributions, and ideally from distributions that are increasing at least at some minimal level periodically. That is - almost by definition considering the rules on distributions - the reason for its being ... to distribute to shareholders.
3)I agree that ethical considerations could cause problems, but I don't see that here. The POR is aleady in the 90% plus range, so they could not get it significantly higher without doing one of two things - either fudge the books big-time to actually exceed 100% ... or actually make better deals that at least let them keep up with inflation on their distribution.
Thanks for your comments - always food for thought!
Paul