TSX:CHE.DB.E - Post by User
Comment by
Hich1205on Mar 06, 2024 1:32pm
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Post# 35918519
RE:RE:RE:RE:RE:RE:dividends - income trust
RE:RE:RE:RE:RE:RE:dividends - income trustthat's funny, and maybe the stock is not down 60 % for the last 10 years but just down 12% in the last year.
Financial Performance is evaluated on a mid-long term to avoid seasonality and point in time events not just for 3 months, ie. since they increased the dividend. Otherwise it will be very easy for management to withdraw all dividend then reinstate s ridiculous 1c dividend and say yeaaaa, we have established a dividend to return value to shareholders.
And just to be clear, the business is good, the problem is the mangement with no respect for shareholders and stock dillution drunk. This is an Income trust, must of cash flow should be distributed to shareholders, not witheld in the Business ... and leading to 53.5% tax payment