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

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TSX:ECN - Post Discussion

ECN Capital Corp > Thanks to the "Old ECN". Good Luck to the "New ECN"

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Post by BigJo on Dec 22, 2021 8:15pm

Thanks to the "Old ECN". Good Luck to the "New ECN"

With tomorrow's scheduled special dividend of $7.50 per share ECN will continue on as a smaller, but hopefully, a still rapidly growing company.

The "Old ECN" which was itself a spin-off from the original Element Capital was a huge success. In late 2016 it traded for some time at approxiametely $3 per share before starting its run to today's all-time high at over $12.20 per share.

As happy shareholders we wish the company continued good luck in the future and thank the Directors and Managemnt for a job well done.

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Comment by retiredcf on Dec 23, 2021 8:37am

At RBC, the value for ECN is now showing as $4.71, however, the dividend has not yet shown up. Still plan on holding the new version of ECN for the long term. GLTA

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Comment by Blueswin on Dec 23, 2021 11:08am

Ecn has been a fantastic company since it split EFN. I have to say I am surprised how high the price has jumped today after the payout.Presently $5.21 with over 5 million shares.Someone is excited to own this stock.

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Comment by Bookworm28 on Dec 23, 2021 12:51pm

Nice chart, and nice dividend/payout. Wish I was on the boat for this one. Do you think this is a good entry price, around $5.35-$5.40? TIA for opinions.

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