Post by
RagingBull3 on Nov 27, 2020 2:17pm
$$$$ Fat Juicy CASH Dividends Straight into the BANK
$25 or no $25, either way, Preferred shareholders WIN. Holding they get Fat Juicy Dividends.
Eventually, Cenovus will want to eliminate Husky Preferreds. So, some time in near future the Preferreds will get a payout....unless they convert to Cenovus Preferreds.... in that case they will continue on and shareholders will continue to get their juicy dividends.
Virtually a win any way you look at it. Of coarse, $25 would be a bigger win.
All just my opinion.