Crius Energy Trust Tr Unit CRIUF

RE:RE:RE:RE:RE:RE:RE:Crius Dividend Pay Date by RBC

[DMR001]

DMR001 wrote:

Olderguy wrote: As far as I know, the Aug. 6 date is complete fiction made up by RBC.
 

The RBC-DI stock quote page is where this Aug 6 date is presented.

I have made inquiries before about information presented on this quote page directly to RBC technical support. The inquiry was not about the payment date but instead was about how average daily volumes are calculated, like how many days are considered, how are anomalies treated, etc.  I was initially surprised by the pushback I received. The answer given was that we go to the TSX (electronically) and other places to collect third party information to populate the information we present there into the format that we have chosen to use for a quote. Translation, we have no accountability for the information presented on the page. Next time you go to the RBC-DI Quote page have a look at the disclaimer link at the bottom. You will find this sentence under the “No Advice: paragraph “The information available on this web site is provided by sources believed by RBC Direct Investing to be reliable. Any information, including performance data available through any third party provider is not guaranteed to be current, accurate or complete and is subject to change without notice”

So, I don’t think the August 6 date is a work of fiction by RBC, more likely it comes from one of the third-party sources that RBC consolidates to present information on the quote page. It will take further research to find the source. I’ll make that inquiry of RBC-DI and see who they name as a source if they are willing to do so.  That said, RBC does not, IMO, make stuff up to populate the quote. It seems like they use a -- as a   place holder to represent a field when there is no information for a given parameter is available.  Right now, there is no date available for the next earnings report for KWH.UN and the field is represented by --.
 

I heard back from RBC-DI Support and they have assured me the  distribution payment date is Aug 6 without telling where they got the information. They also told me this information is available on the Cruis Energy Website under "Investor News" but I am not able to locate it. I asked for further clarification because i couldn't verifiy the claimed date of Aug 6. It will be interesting to hear how they confimred the Aug 6 date. I'll post more when i hear back.