For the first time in quite a while, no How They Rate companies were forced to cut distributions due to weakening businesses. Read More
Dividend Watch List
Two How They Rate entries announced distribution cuts in the last month. One was part and parcel of a conversion to a corporation and is actually a positive development; the other was not as encouraging. Read More
Three more How They Rate entries announced distribution cuts last month, but not all slices are equal. One was expected, another wasn't really a "cut" at all, and the last was actually an upside surprise. Read More
Three How They Rate entries announced distribution cuts last month. At the root of all three was the economic weakness in North America that continues to hammer sales, cash flow and distributions. Read More
Four How They Rate entries announced distribution cuts last month. Unlike in prior months, all but one of these moves was the result of a strategic move by management rather than direct business weakness. Read More
Over the next 12 to 18 months we’re likely to see a rising number of distribution cuts across the Canadian trust universe as managements adjust distributions to absorb the new taxes. Read More
Today, despite a massive effort by Alberta to actually cut taxes on drilling, by some estimates drilling activity is 70 percent off last year’s levels in Canada and more than 50 percent in the US. Read More
Four Canadian trusts cut distributions last month. Each owed its fate to lower demand from North American consumers, which has constricted cash flow at its business. Read More
Three Canadian trusts cut distributions last month. Unlike last month’s cutters, however, their moves did have a hugely negative impact on share prices, as they indicated much greater business weakness than investors had expected. Read More
Two Canadian trusts cut distributions last month. Neither move caused much reaction in the market. Both now trade at significantly higher prices. That’s a major sea-change from the action of last fall and winter, when a record 77 reductions ripped through the Canadian Edge universe, many by repeat offenders. Read More