RE:RE:Next Div Paid Nov 15 of CAD0.22 Will Be Twelfth at CAD0.22They will raise it again; I think we can count on that. However, the more recent investments that have been made need time to generate cash flow and pay off some debt.
Rather than looking only at the average time between raises, look also at payout ratios related to Free Cash Flow (FCF) per share. I want to see payout ratio to FCF come down to 60-65% range before any dividend raise, and with higher borrowing costs now, they may have to continue to execute well for some time before we get there again.
Long at 6% of portfolio. GLTA longs