Post by
apollojetic on Sep 01, 2021 10:25am
gets very little respect from the market
share price still hasn't recovered after the 30% divy cut last year
the 7.3% yield is still one of the highest for the reit's after a cut in divy and a great payout ratio..puzzling
they do have cash on hand...maybe market is waiting to see what they do with that cash
I have an idea...restore the dividend to the previous level and get the share price moving with many of the other reits that have recovered
want to buy more but the high yield is making me wait.. meanwhile collect the divy
i'm a saftey first kinda investor
Comment by
Martincat on Sep 03, 2021 8:44am
It is Quebec based....Therein is the bias....Steady as she goes....and happy to collect the monthly dividends!
Comment by
WanTBe1 on Sep 29, 2021 12:20pm
Still better than most Bank's