TSX:BTB.DB.H - Post by User
Comment by
rabnudon Mar 12, 2022 4:39pm
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Post# 34509351
RE:RE:RE:Weird stock is BTB
RE:RE:RE:Weird stock is BTBTNT has been .0495 dist for years and its ratio 102-105% ;;;quote=Tree2tree]Totally 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.
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