TSX:PHX - Post Discussion
Post by
JohnSP on May 09, 2024 2:55pm
Q1 Results: Dividend?
Q1 Results, under ROCS, was -ve payout of CAD4.3 mln due to higher CapEx in Q1: "We expect that future cash flow will compensate for the negative balance in the quarter and anticipate the remaining distributable balance under ROCS to be positive in the latter half of the year."
So sound like PHX will maintain the CAD0.20/quarter dividend payments. We will find out Jun 15 when they normally announce the next dividend.
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