Post by
biketrader98 on Aug 19, 2015 10:52am
Q3 Divvy increase
Taking a poll as to how many of you expect a divvy increase for the next quarter? Count me as one. The payout ratio is roughtly 50% and I think that we need to return to the level at IPO in order to move up from here. .083 per month is my expectation. If this happens does the stock hit $10?
Comment by
biketrader98 on Aug 19, 2015 1:07pm
I bought this as in income trust not a growth stock so I personally want to see the divvy increased. I listened to the conference call and when asked what the target payout ratio was, the CEO did not offer a position. I would like some clarity on a target payout ratio for this trust.
Comment by
charmed3timer on Aug 19, 2015 1:07pm
I 100% agree with everything you said. No increases. It's funny how people automatically think a high yield is a negative. I can't remember how many time times I've had to repeat the fact that as long as the payout ratio is so low, the yield could be 20% and still be sustainable.