Glad if the interview was useful! And indeed, since the dividend yield alone is close to our required rate of return, the recommendation turned to “Accumulate,” even though our forecasts are currently below the company’s guidance.
If I recall correctly, Viitikko from Proprius had a rule of thumb that dividend yields over 8% are unsustainable. Anora isn’t quite there yet for this year, but it is for future years. Let’s see if this is resolved by a share price increase or by a cut in dividend forecasts 