TSX:INC.UN - Post by User
Post by
pulcanon Dec 12, 2024 7:30am
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Post# 36358346
Calculating the next Dividend for INC and latest update
Calculating the next Dividend for INC and latest updatehi all, with the rate cut from the Bank of Canada out of the way and another big one. Lets focus on what is about to happen to the share price of INC. Many of you own Quadravest investments and the best one is INC!! Why? Well its a trust and has been around for over 20years! This stock will always pay a dividend and done on the VWAP and Net AVG of 10%. So right now what is the next Dividend look like? So we go to the website and take the latest Nav Pre Distribution of $9.08 x 10% = .908 / 12 = .07566 That is a nice jump from .069 and the fact is the share price likes to float at least $2 a share increase from that payout. So on an estimate if we take the .07566 and add .02 = .097566*100 = a share price of $9.7566 a share. This is how i have seen this stock play the game for years. So right now we are looking good for a new 52 week high any day and move to the $10 range. So this month of December is looking good and i see no issues of passing the $9 range. So for now use this calculation for the split funds if you have any also.
cheers for now and take profits!!