I picked up some shares just for daniel today (non-margin): 1500 @ 21.40 1500 @ 21.20 1000 @ 20.93 Ready to keep buying down for you my friend 😜
C
Results have been very good over the last few quarters, due in part to strong rent collections and development projects, however Riocan has lagged while Smartcentres is close to pre-pandemic levels (I hold and have done very well on both)
As of Q3 2021 the payout ration had dropped to 72.4% over a 12 month rolling basis, with a target of <70%; however the payout ratio was less than 60% for Q3 calculated on a forward basis. My sense is that based on the above that the dividend will either be raised, or reinstated (I’m guessing the former) during at Feb 9 Earnings Report. I’ve been adding on weakness, in anticipation of a dividend increase up uptick in share value. I held Riocan prior to 2020, and am long so if the dividend is not increased in Feb; I’m fine to wait.
a
The market seems very resilient. Down crazy in the morning and almost all recovered by the end of the day. Classic bear and bull head-to-head fight in front of our eyes.
S
Ontario reopening + Dividend day coming up soon + Well is getting closer and closer to completion....safe stock. this may go up to 23 this week
N
JESUS
M
My average price is 14$ :)
B
Not sure anybody would know, but when would a dividend increase be likely to happen?
d
MARGIN CALLLLLLLL
T
I'm out. Took my money and bought enbridge...a 7% div, capital appreciation AND playing the energy market (no closures). Good luck.
N
They repurchased more shares all of December under the NCIB.
c
Could we ever see a $40 dollar Riocan stock?
D
Up 33% for the year. I think that’s great returns. Let’s see what 2022 has in store. 25-27 I’m thinking by year end while being paid a juicy dividend.
M
If we close 23+ EOY then i will personally go into a riocan owned establishment and buy something. Thanks
B
check out bre for a juicy 8% monthly dividend folks
J
This stock will get nowhere without a rising dividend.
d
Margin calllllll
M
Ontario reopening soon boysss!
N
It seems like based on filings, they have been repurchasing shares since Nov 12th under the NCIB at a max amount of 241,695 shares per day until today.
B
Appreciation is nice but I miss when my drip would get me 2 shares a month instead of 1 :(
1500 @ 21.40
1500 @ 21.20
1000 @ 20.93
Ready to keep buying down for you my friend 😜
As of Q3 2021 the payout ration had dropped to 72.4% over a 12 month rolling basis, with a target of <70%; however the payout ratio was less than 60% for Q3 calculated on a forward basis. My sense is that based on the above that the dividend will either be raised, or reinstated (I’m guessing the former) during at Feb 9 Earnings Report. I’ve been adding on weakness, in anticipation of a dividend increase up uptick in share value. I held Riocan prior to 2020, and am long so if the dividend is not increased in Feb; I’m fine to wait.
Don't Go FULL DANNY