Q: I was checking out this company on globeinvestor and noticed their distribution of 5 cents was only paid on 4 of 8 months and the other 4 months it only paid 1 cent can you verify this and also would you recommend this company for a 1-2 year hold for income…Thanks
5i Research Answer:
Our data shows 5.1 cents has been paid every single month since April 2020. The rate prior to that was 5.0 cents. We would see the stock as an OK hold for income. It has done very well and we would not expect the same type of gains going forward.