Crius Energy Trust Tr Unit CRIUF

Everyone is partly right and partly wrong...

[SirHumpsAlot]

The fist quarter ending Mar 31 pays out June 17th. That is late, but pays out the full dividend as expected. They have announced that. The next quarter ending June 31 will be declared on the 15th of July and should pay out in August. Once that happens everything is back on track exactly where it was supposed to be. The change over and delay will save the company money, will improve cash flow, and will stabilize the monthly operations. This is actually a smart move. The question is, was it done in desperation or was it a prudent decision that was made to improve the company? Since the dividend was not cut I would assume this is a prudent decision that will hopefully prevent any potiential future cuts. 

So, in summary, if you sell before the second quarterly dividend you will effectivly take a 50% hiar cut on your distribution. If you continue to hold, you will end up par with the monthly distribution. 

Not a negative release... it is neutral. Those depending on this for monthly income will be dissapointed. Otherwise, it seems fine. Look at today as a sale price... just one opinion....

[sotypical]

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[SirHumpsAlot]

The news is poorly written but it reads as it the delay in the first quarter will not continue. The record date reverts to the 15th day after the end of the quarter. The assumption that I make is that the payout also reverts to what would be considered normal time frame. But that is nto explicitly stated. I guess the assumption is bad on my part. A month after the record date is somewhat normal.

[dm27427]

The dividend will be declared on the 15th day after quarter end, but that does not mean that going forward that that date is the date of record to qualify for payment. If Q1 dividend pattern holds, Q2 will work like this: dividend declared July 15 for those holding shares on Aug. 31 (the record date) and to be paid Sept 15. For Q2, dividend declared Sept. 15 for those holding shares on Oct. 31

[campst]

SirH: this is not the case wrt dividends from the shareholder perspective (vs. Company perspective). At the end of 2019 shareholders will get a tax slip for 10 months worth of $.07 dividends. The delay is permanent. The company is stretching its payables. Under the old scheme, there would be one month's dividends on the quarterly balance sheet. Under the new scheme there will be three months

[tbnorthstar]

campst You are entirely correct.

[sotypical]

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[SirHumpsAlot]

A march 31 Quarter end shoudl typically pay out in MAY. In this case it will pay out in JUNE. That is a 1 month delay. The next dividend shoudl pay out in AUGUST thus reversing the 1 month delay. The lost months that you talk about are paper months... instead of getting Januarys' payment in feb you get it in June... 4 months late. Feb is 3 months late, March is 2 months late. Once this is

[sotypical]

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[JohnWalker]

campst Finally someone who gets it!