TSX:WRK.DB.K - Post by User
Comment by
canadafanon Aug 11, 2009 10:40pm
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Post# 16210958
RE: RE: Distribution
RE: RE: Distributionconsidering that one of the largest Unit holder of WRK is jason Underwood< and he is the CEO , the distributions will not be cut , under his watch.Put yourself in his shoes. Getting tax free ( return of capital) distributions.
Not sure of the exact number, he has over a 100 thousand units.
Read the NR from today. They increased the AFFO by 31 cents/unit/year.
That will bring the AFFO above the distributions. Some cash will stick to the coffers.