TSX:MRT.DB.A - Post by User
Comment by
slston Apr 27, 2023 1:02pm
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Post# 35417352
RE:Payout ratio at 37.5%
RE:Payout ratio at 37.5%
Was looking at the Basic Funds from Operations being 25 cents for the quarter. They are back generating cash of $1 per share. They have great developement potential at Burquitlam in BC.
In holding back the distribution, they keep some investors away (higher income seekers). In so doing, they are able to gobble shares as they have been on a reqular basis.
Fingers crossed, they will offer the long term holders a meaningful premium. Good Luck longs.