Q: With the recent decline in its price, do u see a possibility of dividend cuts?
Who would be a closest competitor for NTR?
Thank you as always
Who would be a closest competitor for NTR?
Thank you as always
5i Research Answer:
NTR raised its dividend just in February, and the payout ratio is less than 20%. We have no reason to expect a cut. NTR did not cut its dividend in the pandemic. MOS is likely the closest comp.