Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures CGIFF

Monthly Distribution Increase

[BarstoolSage]

Thank you CHE. Step 1 in a multi step return to a normal monthy dividend stream ....45% PO ratio is sustainable and a solid base for the next increase.

[financebuff101]

We lost the DRIP though.  Not too much of a big deal, but DRIPs do help over long term.

[BarstoolSage]

Not too concerned myself as it keeps the float down AND I'd rather have the cash....so totally selfish perspective....BUT BUT it does confer advantages on everyone....higher eps and higher distribution on smaller float = price increase