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ECN Capital Corp T.ECN

Alternate Symbol(s):  ECNNF | T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B | T.ECN.PR.C | ECNCF

ECN Capital Corp. is a Canada-based provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). The Company originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles and Marine Finance. It operates through three businesses: Triad Financial Services, which manufactures home loans; Source One Financial, which is engaged in nationwide marine and RV lending; and Intercoastal Finance Group, which is engaged in national marine and RV lending. It provides prime credit portfolio solutions: Secured consumer loan portfolios, which manufactures home loans, and Secured consumer loan portfolios, which provides marine and RV loans.


TSX:ECN - Post by User

Comment by toppgunnon Feb 22, 2021 5:28pm
114 Views
Post# 32629696

RE:RE:RE:And the climb upward continues!

RE:RE:RE:And the climb upward continues!Yes, a good question on bumping up the dividend as it stands at around 1.3% of price.  Definitely worth a discussion and could almost be doubled.  With that said, the uptrend in share price over the last year has been very productive.  ECN has basically doubled since the lows of March/April of 2020.  There was talk and ability of buying more shares from a news release from last year but unaware if came to fruition.  That goes to show that ECN is bullish on the company and feel it is undervalued.  Definitely worth holding long term as more upside in my opinion.  Looking forward to the financials this week or when released on Feb 25. This uptick in share price the last month could be related positive developments in the company.  
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