Post by
Predator2018 on May 01, 2022 12:36pm
They can afford at least 2 cents a month dividend
2 cents a month is only 24 cents a year and less than AFFO of 57 cents cad a year.
They can afford 2 cents monthly dividend plus shares buyback if current AFFO remains stable
Comment by
giovinco on May 05, 2022 9:18am
If they keep buying back shares as they continue to do so currently, AFFO per share would only go up. Market cap does not make sense at current AFFO multiple. At current multiple, they could buy back all the shares in few years, if market regulation allowed it. I would rather have the company pay back debt and reinstate dividend at higher rate at later date.