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 > dividends - income trust

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Post by Hich1205on Mar 06, 2024 10:32am

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Post# 35917953

dividends - income trust

They have to distribute all of their taxable income to uniholders ... unless they prefer to pay 53.5% of taxes on non-distributed amounts. With the low level of distribution rigt now, i guess they prefer to pay CRA than shareholders, to save some cash, reduce the leverage and not be too stressed with managing a levereged Business. My only fear, is that these management have no consideration for unitholders and they will not hesitate to dilute (again) unitholders if the Arizona project is approved. Dilute the stock harms the unitholders but will please the management since they will have less leveraged business

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