Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

Alternate Symbol(s): CGIFF | T.CHE.UN | T.CHE.DB.G | T.CHE.DB.H

Chemicals Basic Materials

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.

TSX:CHE.DB.E - Post by User

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures

Bullboard Posts

Comment by Khersonon Jun 17, 2019 6:22am

92 Views

Post# 29831128

RE:FYI

wateroperator wrote:
Chemtrade

Next up on our “how to quit” list is Chemtrade Logistics Income Funds (TSX:CHE.UN). This stock is also in the midst of a drop in share price, likely due to a bad year in 2018 due to market downturns affecting the industrial chemical provider, and the finalizing of a law suit.

The good news: these items won’t repeat themselves, and has left the company focusing in on cutting costs.

With its share price below the $10 mark, this is an ideal entry point for investors. After all, it was only four years ago that this stock was trading in the $20s, meaning that there could be a potential increase of about 150% as of writing.

And then there’s that incredible dividend yield again, this time of 13.71%. An investment of $45,800 at the time of writing would bring in $500 of monthly passive income.