TSX:CHE.DB.E - Post by User
Comment by
StormyDon Sep 01, 2019 1:34pm
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Post# 30087293
RE:Jwing: DIV
RE:Jwing: DIVStormyD wrote: 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.
Forgot to emphasize that this is the major commonality with CHE.UN. Legacy legal problems, resulting in depressed share/unit price, and as a result an outsized dividend/distribution yeild!