Q: Is this a good time to buy?
5i Research Answer:
At 11X cash flow, for an income investor (7.10% yield), comfortable with smaller securities ($1.2B market cap) we think it is buyable. Payout ratio is 88% and has been ticking lower. Note the distribution was cut in 2023. We would not expect gains and due to its smaller size it should be considered higher risk, but for an income investor looks OK overall today.