RE:RE:Intersting Find - Need tpo get into these financialsA couple of fine print items...but other then that it is all good.
The company will be issuing a dividend annually at between 8 to 10 cents for the next 8 to 9 years. Then that dividend will stop.
The dividend is not eligible for the Dividend tax credit -- translation -- Fill free to buy MCS in your RRSP or TFSA instead of a non-registered plan as the income is fully taxable.
They invest regularly into a gas asset vehicle. It hasn't really done much at all. If it ever does anything..then that is where the upside would be beyond the cash dividends as per above.
EKIM