TSX:AX.PR.E - Post by User
Comment by
oilinvestor52on Sep 25, 2023 7:21pm
90 Views
Post# 35653545
RE:RE:Seeking Alpha article on AX.UN
RE:RE:Seeking Alpha article on AX.UNAs I understand it the AX prefs are not really prefs comparable to others. The distributions are not dividends. The distributions are return of capital hence no tax credit. Furthermore, I don’t see much difference security wise between the pref and Unit as the article suggests.