MDA did not cut dividends - every time the dividend curve looks erratic, always check the source, which is their website.. RBC is only 1 company covering them, FAST contains the market consensus by 8 analysts covering the company:sfrancis wrote: ↑Mar 6th, 2017 9:46 pmRod: thanks for sharing your March purchase. For MDA.TO, it seems earnings are pretty flat since 2014, dividend are flat, and they even had a cut not long ago. RBC annual earning estimate for 2017/2018 comes lower compared to Fast Graph, and basically shows flat. I guess the main attraction is low PE comparing with historical level ?
In my opinion, their lower P/E is unjustified given the historic valuation of this business, the potential synergies after acquiring SS/L and the potential acquisition of Digital Globe.