TSX:DOM.UN - Post by User
Comment by
ob1knobon Sep 24, 2013 11:31am
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Post# 21763199
RE:RE:RE:RE:Preferreds Still not Settled
RE:RE:RE:RE:Preferreds Still not Settled
Well, before that company issues dividends on those perferred shares it better pay up the interest it owes on the debt. That is the pecking order.
The last AGM, they mentioned nothing about waving the interest payments so, interest is owing and back interest accumulating from past years of failure to pay what is owed.
No dividend until interest payments are made.