Post by
DukeOldSchool on Mar 06, 2019 4:44pm
Solid Div return Year over year
Holds it's own again. Collected my Div in January. Bought more again
Comment by
DeanEdmonton on May 06, 2019 12:57pm
These are funds paid out from the fees collected on redemption of Mutual funds sold by MaCKenzie advisors. So how do you know when end of life on this set of units is. How so you tell how long the dividend stream will last? Thanks.
Comment by
DukeOldSchool on Oct 04, 2019 11:59am
Good Question. To be honest i started buying it six seven years ago from th 70cents up to $1.00. I keep getting my 12% to 15% every Xmas. I own more every year. I do notice Revs slowly going down YOY but it still rolls on. How long who knows. Fewer Mutual Funds as opposed to Index funds so that might play a role in it. GLTA
Comment by
DukeOldSchool on Dec 10, 2019 12:08pm
A few weeks a we get the 12% - 13 % Divi. Good Deal this morning also buying more XTD. They are selling more shares and growing. Another 10 % Divi play for those looking for Div plays that have been solid for the last 5 years in my portfolios.
Comment by
jeanstk on Jul 20, 2020 9:51pm
This stock is doomed! You should read the financial report, it explains in there, difficult to understand though but the dividend will decrease every year for perpetuity or until the expenses exceed the revenues then it will close. Still several more years of distributions paying good div. They used to pay a fortune in dividend 40, 30, 20 cents per share, incredible yield.