TSX:NWH.DB.G - Post by User
Comment by
Capharnaumon Feb 07, 2023 3:11pm
215 Views
Post# 35272620
RE:RE:RE:Again
RE:RE:RE:Againrabnud wrote: The financials for NWH are the most complicated ones i have ever seen in my life but my overall feeling is things are going fine they have a lot of cash availble etc I dont see any dist cut in the near future
SargeX wrote: As I've been saying for a while now, I think NWH is going to cut their divy some time this year. I had been trimming in increments but decided to sell the last 4000 shares at $10.07 so am now completely out. We managed to squeak out a minor profit of $10.1k, all because of previous divy payments, It certainly hasn't been a good investment for us but at least we didn't lose dough. :-)
I just think they have too much variable rate debt and can't continue for too much longer with a payout ratio over 100%.
Each to his own but I think there's way better places to put the dough.
TheBridge wrote: We're heading back into an adding range again. The sentiment created with the higher rates on the way in the US. IMO, it's not an earthquake so don't panic, but it just adds more time to the recovery.
They also have inflation protection built-in many of their tenant's contracts and in the past they've held the dividend steady for fairly long periods where the payout was over 100%.