GREY:EBGUF - Post by User
Post by
rk67on May 17, 2018 9:52am
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Post# 28044717
Letter to IR
Letter to IR Sent the following to ENF's IR, will advise on response:
Hi,
I'm hoping you can clear up the following for me.
During all of ENF's conference calls and presentations, we were repeatedly assured that not onlyIs the dividend safe, but that we expect to see dividend growth through 2019 (if not 2020).
However, with the recent ENB announcement to convert the shares of ENF to ENB, this dividend now appears to be in jeopardy (a 5% premium over a depressed closing price in exchange for a 20%dividend cut).
Can you comment on how ENF plans to deliver on its promise to shareholders with respect tothe dividend?