Q: Hi guys,
I read an article on Stella Jones from a couple of years ago where the CEO said that eventually the Company would move up its payout ratio after its exhausted its acquisition/growth phase and it envisions itself similar to a utility in the future with slow growth, but a high payout ratio and yield. Do you think the same can be said for ATD.B eventually. Do you think they will raise their payout ratio to more than 50% when growth slows and transform themselves into a utility like stock?
Thanks,
Jason
I read an article on Stella Jones from a couple of years ago where the CEO said that eventually the Company would move up its payout ratio after its exhausted its acquisition/growth phase and it envisions itself similar to a utility in the future with slow growth, but a high payout ratio and yield. Do you think the same can be said for ATD.B eventually. Do you think they will raise their payout ratio to more than 50% when growth slows and transform themselves into a utility like stock?
Thanks,
Jason