TIX 0.00% $2.47 360 capital industrial fund

Ann: Distrib Upgrade & Acquisition 69 Rivergate Pl Murairre, page-3

  1. JID
    3,676 Posts.
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    Hi stlamc,

    Assuming that TIX is priced fairly by the market based on a dividend yield alone (overly simplistic I know) you could assume that this increase in dividend should re-price the share to $2.47 to keep the yield the same:

    18.6c @ $2.30 SP = 8.08% yield
    20.0c @ 8.08 yield = $2.47 SP

    Cheers
    John
 
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