Company Overview and News
Founded in 2012, Crius Energy Trust (OTC:CRIUF) is a US energy marketing firm listed on the TSX. They provide electricity and natural gas solutions to both residential and commercial customers. Although some may describe the firm as a utility, I do not think that is appropriate given their almost complete lack of physical assets (PP&E represents less than 1.5% of their total assets). Similar to a utility the firm pays a rather large dividend, c.
Revenue grew 21% and cash flow grew 25% in Q3 '17 due to a major acquisition starting to contribute to earnings. (53-0)
Due to capital constraints there have only been a couple smaller purchases as we continue to add positions to the portfolio.
My goal is to generate maximum safe yield, with fast dividend growth, and buy stocks at their most undervalued. (203-3)
My sister's new used car is a great example of how becoming rich isn't just luck, but includes important lifestyle choices. (36-1)
LONDON, UK / ACCESSWIRE / December 01, 2017 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Utilities – Regulated industry: Changfeng Energy, Just Energy Group, Valener, and Crius Energy Trust. Access our complimentary up-to-the-minute research reports by becoming an online member now:
Very well covered 9.2% yield. Current payout is only 59% of cash available for distribution. Utility like business model reduces risk.
* Crius Energy Trust - monthly distributions on units for Q4 of 2017 will be paid at a rate of $0.0684 per unit Source text for Eikon: Further company coverage:
Investing in high-yield dividend stocks can be hazardous to one’s wealth. High yields of 8% or more look extremely attractive on the surface but can end badly if the company in question cannot afford to pay the dividend.
35 of 90 Top Monthly Paying (MoPay) Canadian (CDN) Equities showed positive annual-returns, and free cash-flow yields greater than dividend yields 6/30/17. Those 35 were tagged "safer".
Crius Energy Trust ("Crius" or the "Trust") (TSX:KWH.UN) today announces the successful completion of the acquisition of U.S. Gas & Electric, Inc. ("U.S. Gas & Electric"), a leading U.S. energy retailer with natural gas and/or electricity customers in 11 States and D.C. (the "Acquisition"), for total consideration of US$152.5 million plus US$20 million in working capital, for a total purchase price of approximately US$172.
Crius Energy Trust ("Crius" or the "Trust") (TSX:KWH.UN) is pleased to announce that it has closed in full the Over-Allotment Option (as defined below) granted to the Underwriters (as defined below), resulting in the issuance of 1,683,675 additional subscription receipts of the Trust (the "Additional Subscription Receipts") at a price of C$9.80 per Additional Subscription Receipt for total additional gross proceeds of C$16,500,015.
Looking for outperforming high dividend stocks in the utilities sector with strong dividend growth? Or maybe even one that pays monthly?
Crius Energy Trust ("Crius" or the "Trust") (TSX:KWH.UN) is pleased to announce that it has completed its previously announced public offering of 11,224,500 subscription receipts of the Trust ("Subscription Receipts") at a price of C$9.80 per Subscription Receipt (the "Offering Price") for aggregate gross proceeds of C$110,000,100 (the "Offering"). Each Subscription Receipt will entitle the holder thereof to receive, without payment of additional consideration or further action on the part of such holder, one unit of the Trust immediately prior to the closing of the acquisition by the Trust of U.
Crius Energy Trust ("Crius" or the "Trust") (TSX:KWH.UN) announces that it has filed a final short form prospectus in each of the provinces of Canada (except Québec) to qualify the distribution of 11,224,500 subscription receipts of the Trust ("Subscription Receipts"), and has obtained a receipt from the Ontario Securities Commission therefor. The Subscription Receipts will be issued pursuant to the previously announced "bought deal" offering of Subscription Receipts at a price of C$9.
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton