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

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Crius Energy Trust Tr Unit > Bit of interest building this morning?

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Comment by Sadie222on Oct 20, 2018 2:52am

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Post# 28839945

RE:RE:RE:Bit of interest building this morning?

Crius is an income trust. Correct me where I”m wrong, but I believe they are legally required to distribute any income that may be taxable (or something like that). They are very limited in their actual ability to “cut the dividend”.

deisman03 wrote:
Hoping for this trust's unit price to stay low is a two edged sword. If the HIGH distribution doesn't attract investors and the price of the units doesn't rise to come inline with the pay out, the trust's management WILL cut the distribution and use the cash for other things, such as debt pay down or another aquisition.

When companies such as Crius become huge cash generators, they become takeover targets

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