OTCPK:ICPVF - Post by User
Comment by
pablo87on Mar 18, 2020 7:03pm
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Post# 30823991
RE:Phone Call with IPL Today
RE:Phone Call with IPL TodayThanks. I've owned this for a very long time.( Never liked Heartland - too big for IPL ). Dividend wise, they've needed to cut for a while generally and to compensate for the loss of storage cashflow (when it gets sold.)... I believe they need to cut 20% or 3 cents a month. But it has to be communicated properly as they can only do it once - investors must be reassured there won't be any further cuts (ie here's capex, here's cashflow, etc...) Once Heartland is online, they can restore it. YMMV.