Bullboard - Stock Discussion Forum Alaris Equity Partners Income 6 25 Senior Unsecured Debentures ADLRF

Primary Symbol: T.AD.DB.A Alternate Symbol(s): T.AD.UN

Alaris Equity Partners Income Trust (the Trust) is a Canada-based trust. The Trust’s operations consist of investments in private operating entities, typically in the form of preferred or common limited partnership interests, preferred or common interest in limited liability corporations in the United States, and loans receivable. The Trust’s Canadian investments are made through a wholly owned... see more

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Alaris Equity Partners Income 6 25 Senior Unsecured Debentures > FNC Title Services paid out

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Post by HermannHaller on Oct 03, 2022 8:16am

FNC Title Services paid out

I like this news. They got an excellent return on this investment, now they have some extra cash to invest during this time, and it reduces their exposure to the housing market.

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Comment by Tommy123 on Oct 03, 2022 8:34am

This post has been removed in accordance with Community Policy

Comment by HermannHaller on Oct 03, 2022 9:10am

I think they look at the payout ratio on an ongoing basis to determine the distribution, not on one-time cash receipts like this. Their previous guidance was for a payout ratio of 60-65%, now in this press release they are saying 65-70%. This makes sense as FNC was about 4% of the portfolio. With a payout of 65-70%, they could increase the distribution significantly if they wanted to. ...more

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Alaris Equity Partners Income 6 25 Senior Unsecured Debentures