TOT 4.49% 42.5¢ 360 capital reit

To delever and maximise ability to return dividends to...

  1. 321 Posts.
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    To delever and maximise ability to return dividends to shareholders? I am not sure why HC is so obsessed with buybacks when our cost of debt is ~6% which is the major risk to dividend yield at the moment. Buybacks is not a great use of capital right now - if we can reduce the debt (or interest rate) then the share price will increase naturally
 
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