Currently the payout ratio has dropped so earnings will be a moderate amount more than dividends. Might be something like div being bit over 5c per year and earning near 6c. Payout ratio used to be near 100% but seems to be dropped to the 70-80% range. Don’t know why they need to keep some spare cash in reserve unless they want to merge with someone!?!?
AEF Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
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