TSX:BTB.DB.H - Post by User
Comment by
hawk35on Jun 06, 2022 6:33pm
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Post# 34735491
RE:HOW IS EVERYONE THOUGHT ON BTB.UN LONGER TERM PERSPECTIVE.?
RE:HOW IS EVERYONE THOUGHT ON BTB.UN LONGER TERM PERSPECTIVE.?Hi WanTBe1. In the next three quarters I don't see a lot of upside for the share price because of inflation that is causing interest rates to rise. Higher interest rates usually hurt dividend paying stocks. And higher interest rates will make it more difficult to fund acquisitions that will grow the company. The dividend here seems safe and investors will need to be patient and collect the dividend until economic fundamentals change.