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Crius Energy Trust Tr Unit CRIUF

"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

Comment by constructionsiteon Apr 03, 2019 10:48am
200 Views
Post# 29575786

RE:PAST APRIL 2nd WHERE is THE DIVIDEND ??

RE:PAST APRIL 2nd WHERE is THE DIVIDEND ??Not sure where the April 2nd idea came from, but see below for KWH's most recent announcement.  Dividend payment will come on closing transaction (projected in 2nd quarter) or June 17th -- not before.

novascotian2014 wrote: They had Posted that teh Dividend would be PAID April 2nd  2019, instead of June 17 2019..they MOVED the PAY DATE up..but i "DO NOT SEE MY ACCOUNTS CREDIT " with the Dividends..mmm.. anyone ???


Transaction and Approvals

{snip}

In addition to the C$8.80 per trust unit to be received by Crius Energy unitholders under the proposed transaction, Crius Energy unitholders will also continue to be entitled to receive Crius Energy's C$0.209 per unit distribution for the first quarter of 2019 previously declared on Jan. 16, 2019, resulting in total consideration in the amount of C$9.009 per unit. The declared distribution was amended on Feb. 15, 2019 such that (a) the distribution record date will be Mar. 26, 2019, and (b) the distribution payment date will be the earlier of June 17, 2019 and the closing date of the transaction. Under the definitive agreement, Crius Energy has agreed not to declare any further distributions prior to the closing.

{snip}

Pending the receipt of all necessary approvals and the fulfillment of all other customary closing conditions, the parties expect the transaction to close in the second quarter of 2019.

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