TSX:BTB.DB.H - Post by User
Comment by
Tree2treeon Mar 12, 2022 11:19am
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Post# 34508938
RE:RE:Weird stock is BTB
RE:RE:Weird stock is BTBTotally agreed 22. I think TNT was perceived by some as rock-solid because they didn't cut their dividend. But objectively, the payout ratio is too high for comfort, and the yield reflects that risk. (I followed it because I owned it, but have now sold.)
Meanwhile BTB was punished for the dividend cut, but now has a very comfortable payout ratio, which gives room for a dividend increase and/or organic growth (leading to a dividend increase). So BTB is definitely high on my short list of dividend stocks.
Also, BTB being under $5 cannot be purchased on margin with some brokers, which may limit demand to an extent.