TSX:BPO.PR.A - Post by User
Comment by
CrazyTraderon Nov 20, 2023 12:23pm
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Post# 35744562
RE:RE:That ~14% yield will jump to probably ~15%-25% for most
RE:RE:That ~14% yield will jump to probably ~15%-25% for mostHow safe???
First of all, these are Prefer shares..... So as I understand, it's all or nothing bascially. Not like common shares where Dividends can be reduced at any time or even cancelled.
Second, these are cummulative.
So how safe....... basically boils down to the question will the company default and never pay? Basically go Bankrupt.
I don't know. I'm thinking they could suspend the dividend.... but that's not the real concern, as these are cummulative. The concern is permanent defualt....bankruptcy....... I don't know. So far my money is saying not likely.
I don't know, there's a reason why my handle is "CrazyTrader"..... I'm a little crazy.
I look at the balance sheet and see Total Liabilities going down and Equity going up. I don't understand what the company is doing, but balance sheet wise, seems good to me.
I look at the income statement, I see RED.... I don't know how the company is addressing this issue..... that's bad to me.
All just my opinion/view/thinking