RE:RE:Dividend return?In previous conference call, the management indicated that the loan covenant prevent any distribution before the year end and the book must be in black.
The last two quarters already turn the book to black if the trend continues, two things will happen. The withheld distribution may payed out in January and the distribution restarted on February.
TD Webbroker has an income projection feature. They are showing December distribution. I hope they know better than me.
From January on, TD projects C$0.047 per month.
The price jump and the volume on Friday was quite exciting. May be it is radioing good new in next week. May be people exiting before the financial report.
nightCruise wrote: It was reduced from 0.054 USD to 0.038 in March 2020 according to MD&A March 31 2020, so:
(0.038 per month * 12 * 1.25 (today's USD ex)) / 4.62 CAD today's price = 12.3% at today's prices if AHIP keeps the 0.038 USD/ month from last year!