Crius Energy Trust (TSE:KWH.UN) had its target price cut by National Bank Financial from C$13.00 to C$11.00 in a research report sent to investors on Wednesday. They currently have an outperform rating on the stock.
Separately, Royal Bank Of Canada increased their price target on shares of Crius Energy Trust from C$11.00 to C$12.00 and gave the stock a sector perform rating in a research report on Wednesday, June 21st.
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The business also recently declared a monthly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 15th were given a $0.067 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of Infinity. This is a positive change from Crius Energy Trust’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Thursday, July 27th.
About Crius Energy Trust
Crius Energy Trust (the Trust) is an open-ended limited purpose trust. The Trust has been established to provide investors with a distribution-producing investment through its ownership interest in Crius Energy, LLC (Crius Energy), by the Trust’s indirect subsidiary, Crius Energy Corporation. Crius Energy is involved in the sale of electricity and natural gas to residential and commercial customers.
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