Q: Hello 5i team,
I wanted to add to my EIF stock since it is doing relatively well. I have held this for a long time in my TFSA for income. The last dividend raise was in Nov 2023. Do you think they will raise their dividend in the coming November?
What is the payout ratio today for EIF?
Andrew
I wanted to add to my EIF stock since it is doing relatively well. I have held this for a long time in my TFSA for income. The last dividend raise was in Nov 2023. Do you think they will raise their dividend in the coming November?
What is the payout ratio today for EIF?
Andrew
5i Research Answer:
Even including capital expenditures, payout ratio is just 63%, and we think a dividend hike is...