Comment by
Moemoney42 on Jul 16, 2022 8:52pm
Hello.. not sure where you got these quotes/numbers from but I've noticed a few providers have skewed numbers.. the yield is actually .92% as the 6 cents is paid quarterly... NOT monthly.. at this point.. but in my opinion we should expect at least a doubling of the divi for Q3..
Comment by
Quintessential1 on Jul 17, 2022 2:57pm
Look no further than right here on the SH board showing monthly payments of $.06 monthly and a yield of 2.751% Of course your numbers are correct as is your statement that the dividend could and should double. Quite frankly it would only take a triple to match SH's payment and yield shown which would suit me fine. Perhaps it is an omen of things to come? GLTA Longs
Comment by
Moemoney42 on Jul 17, 2022 10:30pm
Agreed in reality the dividend should be 3X of what it it today.. but I think a double for next quarter could be realistic and maybe another 50% for Q4 that would bring us to the roughly ~3% yield that would be competitive.. heck I can get 3.5% now on a no risk 1 yr. GIC and that hasn't yet accounted for the last 100 basis point rate increase..!