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

Post by StormyDon Sep 01, 2019 1:24pm

88 Views

Post# 30087279

Jwing: DIV

Jeez - I'm going to get banned from this site cuz of too much posting! Like Trevor's erstwhile friend known as Kherson! LOL!

Re DIV: like Clem Kaddidlehopper, I have held DIV for many years in a non-registered account. Pays 100% eligible Canadian dividend - so full tax credit. Sweet!

Interesting story: when I bought DIV in 2016 it was really depressed due to a lingering legacy court case (and yielding 10%) but I took a gamble that the legal mess could be left behind. And it was! So as of Friday, 22% gain on cost, 8.2% current yield, and monthly distribution paid each month end.

Also, the portfolio of entities is a bit small (only 4 vs. >12 in Alaris Royalty) but agree with Clem that the Sutton/Air Miles/Mr. Lube/Mr. Mike's is a robust mix. But moving forward, they need at least one more good addition to use up their available cash. Just saying!

OKAY - now I will SHUT THE F$$K UP - before somebody tells me to do so! LOL!

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