Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMNF | RTMAF | V.RET.A

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store... see more

TSXV:RET - Post Discussion

Reitmans Ord Shs > Management bonus
View:
Post by TheCount11 on Dec 16, 2022 5:01am

Management bonus

Q3 2023 profits were $14.6 million
$4.9 million increase in performance incentive plan expense.
Roughly 25% of profits went to management bonuses.  

It was a decent quarter not a homerun.
When is management going to do something shareholder friendly like an NCIB? 
 
Comment by Zemoy190 on Dec 16, 2022 9:57am
You know if they did a 10% yield dividend (5 cents a quarter ) ,, it would only cost 2.5 mill a quarter,,, half of wat they pay in bonuses,,, those bozos just got stock options wat else they need 
Comment by nedstar71 on Dec 16, 2022 10:13am
They could easily do a 4 to 5 cent dividend per month.  Uplist first though.