TSX:CHE.DB.E - Post by User
Comment by
toppgunnon Oct 15, 2020 2:52pm
177 Views
Post# 31722456
RE:RE:Chemtrade Logistics to redeem 5.25% debentures
RE:RE:Chemtrade Logistics to redeem 5.25% debenturesIt is wise for Chemtrade to cut the divident from .1 to .05 monthly back 1st qtr 2020. The extra cash can be applied towards the debentures. Chemtrade should stay with the reduced divident for the time being until financial situation becomes significantly stronger. This strategy will reward shareholders going forward.
Chemtrade in my opinion if continue with reduced dividends most likely to trade north of 10 dollars within the next year(s). Excellent buy at these prices.