Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy

GREY:CRIUF - Post by User

Crius Energy Trust Tr Unit > 12% dividend. Paid monthly.

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Comment by Pandoraon Jun 28, 2018 1:38pm

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Post# 28246006

RE:12% dividend. Paid monthly.

SIGG1 wrote:
Thank you very much!

And the lower the price drops the higher the number for the dividend and unless you are just buying today it means nothing. i.e. if you buy at $6.75 you get a 12% dividend but if you bought $9 you are not getting 12%. False mathematics for existing shareholders. Their dividend rate is still based off their purchase price. The question right now is is the current dividend (in $ terminology i.e. $0.067) still safe. As they keep flogging that % number everyone says it's too high.

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