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  5. FSZ: What do you see happening if/when FSZ cuts its dividend. [Fiera Capital Corporation Class A Subordinate Voting Shares]
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Q: What do you see happening if/when FSZ cuts its dividend. Continues to drift downwards without the high dividend as a reason to buy? Bounces with dividend issue resolved and better coverage numbers?
Thanks.
Roman
Asked by Roman on May 23, 2023
5i Research Answer:

We would still expect a fairly harsh initial reaction, about 7% to 10% down as a guess. But we doubt investors will be truly surprised, and would expect it to 'drift' back up after the initial news.