TSX:NXR.UN - Post by User
Comment by
DanielDardenon Dec 10, 2024 3:53pm
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Post# 36355310
RE:Stop DRIP
RE:Stop DRIPcanadian wrote: These guys need to stop DRIP as it is diluting with too many shares at 8% yield. With Trump tariff threats, industrials will be in bad shape for the next 4 years.
Unfortunately it was stopped in June/24. DRIPS are generally complex beings and the benefits far out weigh any dilution in NAV/u if management views them correctly. The cash of course stays on the balance sheet rather then being paid out in distributions. It essentially is the most cost effective manner of raising capital and can be invested wisely to benefit all the holders. Anybody concerned about dilution should simply participate to negate the possibility by obtaining discounted units. Additionally, you get more units when they are cheap.