Post by
angelnicky on Oct 28, 2021 2:23pm
Time to increase div
CEO and Board must increase their div this time
Comment by
sergio2go on Oct 28, 2021 3:04pm
Could not agree more. They have a very low payout ratio and since the interest rate will rise over the next 2 years, the profit margin should also improve. But regardless of these favorables circonstances it seems that the only way to improve the share price would be thru an increase of the dividend. We are du for a generous one.
Comment by
SunsetGrill on Oct 28, 2021 5:46pm
Are you both living in a CAVE? There is/was a thing called COVID, you should have heard about it by now, read the news (google Covid). Both banks and insurance companies are not allowed to raise divy or buy back shares until Justin says so (with a minority). Do you think that may be the reason the divy has not been raised in the last 18 mos. cause its illegal
Comment by
angelnicky on Oct 29, 2021 12:41pm
CEO and board are not creating much shareholder value time on a leadership change, they were there to long
Comment by
TickerTwit on Oct 29, 2021 6:45pm
MFC (and SLF, and all the banks) are currently forbidden from dividend increases and share buybacks. Until allowed again by the regulator (OSFI - Office of the Superintendent of Financial Institutions), neither of these will happen in Canada.