Mackenzie Master LP T.MKZ.UN

Financial Services Asset Management

Mackenzie Master Limited Partnership (the Master LP) is a Canada-based company, which is formed by the consolidation of approximately eight Mackenzie Financial Corporation (Mackenzie) retail limited partnerships: Industrial Horizon Partnerships 1987, 1988, 1989, 1990, 1992, 1992-II, 1993 and Mackenzie Limited Partnership 1994 (collectively the Partnerships), each of which arranged for the distribution of redemption charge securities of mutual funds sponsored by Mackenzie. The Master LP invests excess cash in units of Mackenzie Canadian Money Market Fund, a mutual fund managed by Mackenzie. The general partner of the Company is MMLP GP Inc. (the General Partner), a wholly owned subsidiary of Mackenzie Financial Corporation (Mackenzie). The business and affairs of the Master LP are managed by MMLP GP Inc. (the General Partner).

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Mackenzie Master LP > Solid Div return Year over year

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Comment by jeanstkon Jul 20, 2020 9:51pm

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Post# 31293800

RE:RE:RE:Solid Div return Year over year

This stock is doomed! You should read the financial report, it explains in there, difficult to understand though but the dividend will decrease every year for perpetuity or until the expenses exceed the revenues then it will close. Still several more years of distributions paying good div. They used to pay a fortune in dividend 40, 30, 20 cents per share, incredible yield.

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