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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Guys.
I have owned High Liner for quite a while and am fine waiting through their hopefully successful turnaround. With the earnings report today I thought the stock would fall but it is up 3 % today. I saw this statement in the earnings release and it seems to suggest the dividend will be cut:

Dividend & Capital Structure

"Today, the Board of Directors of the Company approved a quarterly dividend of CAD$0.145 per share on the Company's common shares payable on March 15, 2019 to holders of record on March 1, 2019. The Board is continuing to review the Company's capital structure to determine the prudent use of capital and will provide an update when the Company reports its financial results for the first quarter of 2019 in May."

What do you think people saw positive in the earning release? Any idea of what the dividend payout ratio is, and whether it is safe?

Love your service

Stuart

Read Answer Asked by Stuart on February 28, 2019
Q: Hi, your response to Stephen about TSGI "Blackstone, which owns 24M shares, has offered to sell 8.3M shares at a small discount." . Should one worry? This is 1/3 of their holdings. And does "at a discount" mean that they really wanted to get rid of the 1/3 as quickly as possible? I know you can't confirm this but can it be that they know something we don't?
Read Answer Asked by Marco on February 27, 2019
Q: In July 2018 you had a b+ rating, hoping for growth in AUM, and possible acquisitions, can you provide current scorecard on these points please? Opinion on sale of Mutual Fund business to Canoe and how that will effect previous points? Your report was accurate forecasting slow and steady and enjoy the dividend, suppose I'm bored and looking for a reason to not bail and look for more capital appreciation when markets are flying.
Read Answer Asked by Charles on February 27, 2019