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 > Distribution announcement

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Comment by JohnWalkeron Jan 16, 2019 12:33am

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Post# 29237812

RE:RE:RE:Distribution announcement

deisman03 wrote:
The lagging upcoming distribution report is making some here nervous.

I did a bit of research on dividend history tonight in terms of timing for the Declaration Date. In the last five years there have been 5 quarters where the Declaration Date occurred as late as the 14th of the month. A Declaration Date of the 15th only happened once in the past five years.

There has NEVER been a Declaration Date of the 16th or later. Although I agree it's making me somewhat nervous I can't believe the news (when it comes) can be all that bad. I don't believe for a minute that they would cut dividend entirely. Assuming they do cut dividend to 5¢ (which would be a 28% cut) at my ACB that would still represent a dividend of over 13% per annum which would not be horrible.

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