Post by
dangood on Apr 01, 2021 9:57am
What a disappointment.
CI has a book value around $7.50 and pays a dividend of 72 cents per year. AGF has a book value of $14.00 and pays a dividend of 32 cents. AGF has cash of $140 million and no debt. Net sales haven't been this high in 10 years. Management seems to think doing a substantial issuer bid is a return of capital to the shareholders. Not this shareholder. Raise your dividends!