TSX:INO.UN - Post by User
Comment by
Shirtlessnomoreon Aug 17, 2022 4:29pm
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Post# 34903210
RE:RE:RE:RE:RE:RE:Dividend cut coming ?
RE:RE:RE:RE:RE:RE:Dividend cut coming ?Absolutely, another great thing is the fact that they are acknowledging the fact that there would be a short term drop and suspended the drip, I know it might suck for those getting that but the mere fact that that do not want to give shares out at this price is a very good tell. Cheers!
Lyburnum wrote: This has really hurt my investing strategy. I had a LOC taken out and I was making my payments with the dividends from INO.UN. I'm down bigtime. Now that they are restructuring, I have a good idea that given enough time there will be insiders buying up this cheap REIT plus stock buybacks will both reinflate the price to a more normal level. current divident yield is 8%. Anyone who gets in at around $5.00 is going to be very happy in a few years with their capital gains. I would double down if I was not already maxed out