TSX:AD.UNCapital Markets
Alaris Equity Partners Income Trust (TSX:AD.UN) Stock Flat As Cash Flow Hits Record Strength
Alaris Equity Partners Income Trust closed at CA$25.69, roughly flat over the past week, even as Q2 landed as one of the strongest cash flow quarters in its history. The market reaction has been muted, yet distributable cash flow jumped and the payout ratio for the first half sat at 58%, below the trust’s long term target range.
For an income focused stock that has often been judged on dividend safety, this earnings print was all about the balance between record partner revenue and a tighter...