TSX:AX.PR.E - Post by User
Post by
HermannHalleron Aug 12, 2022 4:04pm
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Post# 34892726
Pref shares
Pref sharesAnyone have any thoughts as to whether they will redeem the A pref shares (AX.PR.A) on Sept 30?
The dividend is currently 5.7%, but based on today's rates, will step up to 6.9% if allowed to reset. Seems to me the company has lots of liquidity, plus more coming from asset sales, that they will just redeem them.