payout ratio and dividend from CIBC Q3 - Nov 10/2021The CIBC analyst projected 46 million in revenue for 2022 after the Q3 results in November. With 11.9 million in Q4 that might be a little conservative as the easing of restrictions may help with the Oxford and Mr. Mike's results going forward.
Based on that projection they are forecasting a .23 dividend for 2022 and equate this to a 96.9% payout ratio. So if the revenue is about 47.6 million for 2022 ( 11.9 x 4) if the dividend stays at .22 the payout ratio would be in the high 80's - if they raise the yearly dividend to .23 the ratio would be in the low to mid 90's.
Numbers were good and Air Miles seems to be a concern for some but travel industry should improve in the not too distant future.