INE mulls a dividend cut to fund growth
Over the last few weeks, we believe that INE has been contemplating a strategic shift, which could lead to a dividend cut by the time Q4 reporting rolls around. While we believe that INE's dividend is sustainable in the long run, the high-payout model is a relic from the days of the Income Trusts and not consistent with the organic growth focus that investors cherish.
From National Bank analyst.