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Chesswood Group Ltd T.CHW

Alternate Symbol(s):  CHWWQ

Chesswood Group Limited is a Canada-based holding company. The Company, through its subsidiaries, engages in the business of specialty finance (including equipment finance throughout North America and vehicle finance and legal sector finance in Canada), as well as the origination and management of private credit alternatives for North American investors. Its subsidiaries include Pawnee Leasing Corporation (Pawnee); Tandem Finance Inc. (Tandem); Waypoint Investment Partners Inc. (Waypoint), Chesswood Capital Management Inc. and Chesswood Capital Management USA Inc. (CCM USA); Rifco National Auto Finance Corporation, and 1000390232 Ontario Inc (Easy Legal). Pawnee, which finances micro and small-ticket commercial equipment for small and medium-sized businesses in the United States through the third-party broker channel. Tandem sources micro and small-ticket commercial equipment originations to small and medium-sized businesses through the equipment vendor channel in the United States.


TSX:CHW - Post by User

Bullboard Posts
Post by gvixidon Feb 13, 2011 6:40pm
391 Views
Post# 18126241

divided policy

divided policy
I've been looking at purchasing some shares of CHW, but first I wanted some clarification on their dividend policy.

I love the fact that they recently increased their annual dividend to
.60, but I notice that their annual EPS is only
.44.  If that figure is correct, why was the dividend increased at all?  Is this sustainable?  Obviously I am missing something...

Any info would be greatly appreciated!
Thanks,
gvixid
Bullboard Posts