TSX:HSE.PR.B - Post by User
Post by
RagingBull3on Jun 26, 2020 8:41am
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Post# 31194185
IT HAS BEGUN.... US Feds orders Banks to cap dividends and
IT HAS BEGUN.... US Feds orders Banks to cap dividends and suspend share buybacks. Energy sector was first..... Share buybacks stopped, dividends were cut..... Now the rest of the Market will follow.
Yields going down as dividends cut across the entire market. Will see what happens to share prices......???
I'm really surprised there isn't more interest in the Preferreds.... 10+% here!