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 > How To Lose $$ In One Easy Lesson

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Comment by raybay_98on Aug 17, 2023 9:37am

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Post# 35592646

RE:RE:How To Lose $$ In One Easy Lesson

From Yahoo BB,

9 hours ago

Allow me to simplify this. If Chemtrade fails to meet their obligation of distributing the committed percentages of their earnings to the unit holders, not only will the unit price remain stagnant, but they may also face an investigation by the SEC and a potential class-action lawsuit from investors

14 minutes ago

The first thing that would happen is their status as a Trust would be rescinded. Then they'd be sued. Not sure how their exchange status would be affected. Nonetheless, you are totally right about their requirement to distribute; taxes, debt, Capex, etc, not withstanding, they have to distribute their profits to shareholders...thus why it is a distribution and not a dividend. I've always wondered why it is a fixed value, for that reason...under some circumstances it should pay out higher. Perhaps it's a payout ratio thing? I don't know.