RE:Q2 earnings???
Dadsaid2 wrote: Q2 earnings could surprise. Hopefully Mr Lube rebounds to Q4 numbers. Airmiles should be improve a bit as the ship steadies(including the shortage from Q1). Fixed royalties aside all others should grow as well. If everything clicks there is no reason we shouldnt see an increase in the dividend. Just saying (and hoping)!
If that happens share price should increase and stay way over $3+. GLTA
Just a note on the divided:
Distributable income per share was $0.0624 which was just below an extra cent per year they could payout...
Also according to early guidance of Stratus was that they had potential to add 4-5 cents (at that time/share count) per year in distributable income, this will be the first full quarter of Stratus numbers to give indications of what it's going to do for us.
Because of the DRIP program, the share count does increase mildly which means increases in Distribuable Income doesn't fully mean it it's an add on the per share amount.
Theroetically we would hope to see about $0.0675 - $0.0725 worth of Distributable Income per share with all these considered which would be .27-.29 cents over the year which would support a decent payout increase. I don't know if we hit that target range, but it's what I'll be looking at most in the earnings...