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Bullboard - Stock Discussion Forum Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified
"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District... see more

GREY:CRIUF - Post Discussion

Crius Energy Trust Tr Unit > misinformation on here about Income Trusts
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Post by lashing on Nov 22, 2018 11:53am

misinformation on here about Income Trusts

Seeing the word "legal" being used alot relating to payout. This is BS. INcome Trusts are not like Master Limited Partnerships that way. 

A trust can cut their distribution and pay whatever they want. For example check out BYD.un Boyd Autobody. They pay literally nothing.

While they "should" pay out most their cash, the words "legally must" are false. Trusts are suited to royalty companies and real estate. Not growth companies.
Comment by Sadie222 on Nov 23, 2018 1:03am
Read the trust indenture.
Crius Energy Trust Tr Unit