Also puzzled ........ Penny .... as to why TA did not announce an increase in the dividend ... especially considering that in Nov./22 they announced a 10% increase and proudly stated that it was their fourth consecutive annual increase.
So why stop this year, and why announce the dividend ahead of the quarterly report ... unlike the previous year?
1) Are the upcoming financials so bad that they won't be able to increase the dividend? If so, why not wait until the quarterly report is presented in a few days ... present the bad news ... and swallow the lumps? Puzzling!
2) Is Brookfield going to make a move on TA and so the Board (on which there are 2 Brookfield reps I believe) decided to keep the dividend intact ... cuz they want to avoid any share price rise ... which would necessitate a higher stink-bid take-over bid from Brookfield? Plausible?
Cheers!