TSX:REI.UN - Post by User
Post by
my2pennieson Aug 06, 2021 1:21pm
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Post# 33663967
Payout Ratio Improving
Payout Ratio ImprovingNice Quarterly Report! Payout ratio dropped from 92% to 73% of ACFO. If this performance keeps up we should be seeing a distribution increase within the next year if Ricocan wants to keep their REIT status. Likely lots of volatility ahead, but this has definitely been a great pandemic buy. Wonderful capital appreciation with a solid income stream! Cheers!