I think I've suggested previously that based on the management structure with Morrisons being paid based on what investments IFT have, it makes no sense for them to hand out much in dividends to us shareholders instead of using funds to buy new assets. I can't see this turning into a big yield stock..... but that's okay with me as long as they can continue to invest it at high rates of ROIC.
IFT Price at posting:
$7.18 Sentiment: Buy Disclosure: Held
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