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Bullboard - Stock Discussion Forum 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... see more

TSX:ECN - Post Discussion

ECN Capital Corp > And the climb upward continues!
View:
Post by Blueswin on Feb 22, 2021 12:59pm

And the climb upward continues!

It ended up being harder to go from $6-$7 than it has been to move from $7-$8. I guess we will see if it holds through the week.
Comment by toppgunn on Feb 22, 2021 1:45pm
Yes, ECN has been impressive over the last year.  With that said, there is reason for all the positives and company has excelled with their business units.  There have been many beneficial developments prior to the pandemic including buyback of $200 million worth of shares when were at low share prices going back year(s) ago.  The ownership has been good.  It remains to be seen ...more  
Comment by Blueswin on Feb 22, 2021 2:33pm
Do you think they might bump the Div. up to let say .03 a Q = .12 cents for the year? 
Comment by toppgunn on Feb 22, 2021 5:28pm
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 ...more  
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