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 > Ex distribution day coming

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Comment by predawnon Oct 24, 2018 5:14pm

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Post# 28867228

RE:Ex distribution day coming

worst day on TSX in 3 years today;;;;;

deisman03 wrote: ex distribution day coming up and the unit price is still tanking.

Maybe it's just the stock market throwing out the baby with the bath water???

Today's announcement of a DRIP doesn't seem to have gone over well.

For younger investors, enrolling in the DRIP at these low prices is a real blessing that compounds every month.

The DRIP sword can also have a downside in that every unit bought, dillutes the cash payout.

In this case, they will be purchasing from the market, rather than issuing new units or selling off their reserve units.

GLTA the good folks here