Exchange Income Corp T.EIF

Alternate Symbol(s): EIFZF | T.EIF.DB.J | T.EIF.DB.L | T.EIF.DB.M | T.EIF.DB.K

Industrials Airlines

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations. Aerospace includes its vertically integrated aerospace offerings that provide customized and integrated special mission aircraft solutions primarily to governments across the globe. Aircraft Sales & Leasing includes aftermarket aircraft, engine and parts sales and aircraft and engine leasing, along with aircraft management services. The Manufacturing segment is comprised of three lines of business: Environmental Access Solutions, Multi-Storey Window Solutions and Precision Manufacturing & Engineering. The Company also focuses on portable hydronic (glycol-based) climate-controlled equipment.

TSX:EIF - Post by User

Exchange Income Corp > Next Div Paid Nov 15 of CAD0.22 Will Be Twelfth at CAD0.22

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Comment by dwitzanyon Oct 18, 2024 2:43pm

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Post# 36272192

RE:RE:Next Div Paid Nov 15 of CAD0.22 Will Be Twelfth at CAD0.22

They 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

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