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Bullboard - Stock Discussion Forum ECN Capital Corp ECNNF


Primary Symbol: T.ECN Alternate Symbol(s):  ECNCF | T.ECN.PR.C | T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B

ECN Capital Corp. is a Canada-based company. The Company is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). It originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans... see more

TSX:ECN - Post Discussion

ECN Capital Corp > ECN.PR.C
View:
Post by pierrelebel on Aug 08, 2024 3:35pm

ECN.PR.C

Finally back over $18.00.  It had been a while.

Still yielding a tax advantaged 11%.

Patience will be rewarded



Comment by CanSiamCyp on Aug 11, 2024 12:22pm
This post has been removed in accordance with Community Policy
Comment by pierrelebel on Aug 11, 2024 4:45pm
  CanSiamCyp asked ",, Wonder what has kindled this sudden interest?..." That upside move is long overdue. Yield of over 11% did not make sense. The quality of this issue is not that bad! I suspect recent ECN Q2 positive results together with anticipation of lower interest rates in North America combined to generate more interest in ECN.PR.C. When will it stop?  I do not know ...more  
Comment by CanSiamCyp on Aug 11, 2024 8:46pm
This post has been removed in accordance with Community Policy
Comment by CarlM20 on Sep 29, 2024 12:29pm
I agree. I own the C pref, and my bet is a redemption next reset date. Dividend helps to wait.
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