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 > kwh.un.

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Comment by JohnWalkeron Jan 15, 2019 8:45am

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Post# 29232174

RE:kwh.un.

4scotia wrote: One year decline of 60% not a good sign not to have a Divie cut.glta

Dividend is not based on share price but rather their financial position and ability to pay. I don't have the ability to interpret their latest quarterly reports from Sep 30, 2018 but from the little I can glean it does not look like their position is vastly different from same time a year ago.

In their investor information on their website they highlight the following as reasons to invest ...

Distribution increased ~20% from January 2016 to January 2018
Board and management committed to current distribution of $0.84 per unit per year
Payout ratio of 64% in 2017

I'm hanging my hat on their stated committment to maintain distributions.

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