50% off Premium Yearly

TSE:CHE.UN
This summary was created by AI, based on 16 opinions in the last 12 months.
Chemtrade Logistics Income Fund (CHE.UN) has garnered attention from analysts due to its diverse portfolio of chemical products, particularly for water treatment, which provides relative stability as demand from municipalities remains steady. Despite the company's past challenges, recent improvements and strategic initiatives have led to a stronger outlook, with EPS beating expectations and a solid dividend yield. Experts highlight the company's good performance over the past year, with some encouraging signs of sustained growth and a potential for further stock appreciation. However, some analysts caution about high debt levels and the cyclical nature of the business, suggesting a watchful stance as market conditions evolve. Overall, the sentiment leans towards optimism, yet with an emphasis on careful monitoring of market movements and potential risks ahead.
A very whippy stock, can trade down on little news. Litigation, maintenance issues, balance sheet is high. If there’s a recession, not a good place to be. Management is guiding to a much better second half. Thinks the yield of 7.8% is safe. A 59% payout ratio for 2019. As long as earnings are good, you’re fine. You can make money buying here.
An industrial supplier to municipalities. It is more of a dividend stock. It has moved down over the last year with other income oriented stocks. It is a relatively small company. It is pretty attractive here. They are sensitive to general economic growth. It got caught up with other income paying stocks. Just tuck it away and don’t look at it too much. The dividend looks sustainable, paid monthly.
A high dividend payer? A name that he might look at. It pays in the 5%-6% range. Sells chemicals to a number of different municipalities and industrial applications. Acquired Canexus last year. They are getting more margin on their product and the dividend is sustainable. He could see this getting up to $21-$22 plus a dividend yield on top of that.