09:17:30 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Decisive Dividend Corp
Symbol DE
Shares Issued 18,940,764
Close 2024-02-13 C$ 9.23
Market Cap C$ 174,823,252
Recent Sedar Documents

Globe says Decisive Dividend maintained at "buy"

2024-02-14 08:24 ET - In the News

The Globe and Mail reports in its Wednesday, Feb. 14, edition that Echelon Capital analyst Mike Stevens expressed confidence in Decisive Dividend's outlook and trajectory after the late Monday announcement it is in the process of raising its overall debt capacity by $107-million through a new syndicated credit facility. The Globe's David Leeder writes that the jump from $68-million to $175-million includes a committed $100-million senior secured revolving term loan and a $75-million accordion facility through a syndicate expected to include original lender Canadian Western Bank along with National Bank of Canada, Royal Bank of Canada and the Desjardins Group. Mr. Stevens says in a note: "This is a huge upgrade to the company's existing credit facility and more importantly, significant 'big bank' validation supporting Decisive's M&A strategy, execution to date, and outlook going forward. We believe this announcement also provides an added layer of credibility to the company's communications around a robust pipeline of acquisition targets existing in the market." Mr. Stevens continues to rate Decisive "buy." He boosted his share target by $1.25 to $12. Analysts on average target the shares at $10.71.

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