Exchange Income Corp T.EIF

Assessment

[retiredcf]

I am considering taking my gains in TFII and buying more EIF. What do you think and how is the security of the EIF payout?  

EIF is not perfect, and every once in awhile it gets attacked by short sellers, but it is very hard to argue with its performance record and dividend record. Its dividend has increased 50% ($0.14 to $0.21) in the past seven years, and the POR is currently 72%. Like TFII, it has economic sensitivity, but has managed cycles well. The stock dropped to $14.40 in the pandemic low, but is now at an all-time high. At 17X earnings it is more expensive than 'usual' but recent acquisitions have diversified cash flow, and in an economic recovery scenario we would not be too concerned here. Note that It is much smaller than TFII. (5iResearch)

[billroth]

For what it is worth, here's my opinion on your question about EIF. I've been in this stock for years and still "in" BIG ! It's my biggest posiition. When it dropped to 14.40 (pandemic), i was sure that they would cut their dividend. Then, i remember the company published a note about their cash position, their confidence in honoring all their commitments and even