Joey Mack Bombardier Inc BBD.PR.C-T DON'T BUY Jan 27, 2015

What are the chances of the dividend being cut? They are cumulative, so does this is help the situation? Because they are preferred, the company cannot just cut dividends. These shares have to be paid 1^st and then the common shares afterwards. The fact that they are accumulative is also positive. They don’t have to pay you a dividend in a quarter, but if they don’t they still owe you the money and it accumulates over time. The risk is what if this company defaults, which could very well happen with this company? It is currently well into junk territory.