TSX:IBG.DB.E - Post by User
Comment by
rad10on Apr 15, 2022 7:01pm
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Post# 34607009
RE:RE:RE:dividend
RE:RE:RE:dividendCalgary, I owe you! Your reasoned deliberations over the years have made me some real money. My entry into the equity was through the distressed debentures way back. This is now one of my largest individual equity holdings, and rebalancing makes no sense (cap gains etc). The debenture market is perilous! Fortress paper, Aleafia, Bellatrix all dogs. IBI has really done well!
Calgaryrider wrote: The fact that they are essentially at zero debt makes a dividend a hell of a good idea.....but as IBI also starts to accumulate cash and be so in leverage, they also become a significant take-out target.
With an enviable balance sheet, the sky's the limit.
The AGM is just a month away!