TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Jun 03, 2024 10:54am
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Post# 36069261
Bottom Line for Prefers.... YES or NO.... Will dividends
Bottom Line for Prefers.... YES or NO.... Will dividendscontinue to be paid for forseeable future?
If No.... BPO basically worthless
If Yes.... Does current yields, reset yields make sense relative to rest of the market?
So far I'm in the camp "Yes"..... and so Current Yields/Reset yields don't make sense, they are too high. So, share prices will rise.
I think the best outcome for BPO Prefers is a small reduction in rates, just enough to cement the "YES" into the market.... but not so much that Dividends drop alot.