Post by
pennydredful on Jun 28, 2016 1:17pm
Dividend
will the .o1 Quarterly dividend be restored ?
Comment by
Kherson on Jun 28, 2016 4:08pm
I highly doubt it. The next move for Canexus will be CCAA protection. I believe that Canexus and it's banking syndicate were fully aware that the proposed merger was history when they eliminated the dividend. Keep in mind that for most of the last 3 years, the payout ratio was well over 100%. Canexus simply has no money to pay a dividend! Kherson
Comment by
mattmckensie on Jun 28, 2016 4:24pm
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