TSX:TNT.UN - Post by User
Comment by BlueJay2020on Aug 06, 2024 6:26pm

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Post# 36166654
RE:RE:RE:No distribution!
RE:RE:RE:No distribution!You happen to be right on this occasion. They would never pay out at a 20% rate because the SP would rocket immediately and cut the effective yield dramatically.
We're only talking about 20% at all because the market has severely punished the stock for it's perceived high debt load. But interest rates are falling fast.
Such a shame to have stayed the course so well and then fall at the final fence - but it's your choice. There are plenty of other REITs out there with similar levels of opportunity and they pay a distribution.