Capstone Infrastructure Corp T.CSE.PR.A

Alternate Symbol(s): CPOIF

Utilities Utilities - Diversified

Capstone Infrastructure Corp is a Canada-based company, which is engaged in owning and operating infrastructure businesses. The Company operates as a power producer that is focused on providing clean, renewable energy to homes and businesses across North America. The Company develops, owns and operates thermal and renewable power generation facilities with a total installed capacity of 570 megawatts across 28 facilities in Canada. It operates wind, hydro, solar, biomass, and natural gas power plants. Its operated facilities include Amherstburg Solar Park, Cardinal Power, Dryden, Erie Shores Wind Farm Fitzpatrick Mountain, Ganaraska, Glace Bay, Glen Dhu, Goulais Wind Farm, Grey Highlands Clean Energy, Grey Highlands, Hluey Lakes, Sechelt, Springwood, Whittington, Napier and Sumac Ridge wind.

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Capstone Infrastructure Corp > price rise

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Comment by pierrelebelon Dec 10, 2019 12:20pm

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Post# 30440011

RE:RE:RE:RE:RE:price rise

I have added 700 preferred shares to my position this morning ($12.17).
The current - tax advantaged - dividend yield is 6.74% - quite respectable.

Howewer, keep in mind that the dividend will be reset 19 months from now (July 2021).

Based on current Canada 5 year rate (1.6+%), the new annual dividend would be $1.08 for a yield of 8.83% based on current price ($12.17).

I can live with that!

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