RohanRider

Canadian Royalty Trusts – Will Dividends Rise or Fall?

To provide funds for Pengrowth's expanded capital program, while maintaining fiscal discipline, Pengrowth has decided to reduce its November 16, 2009 cash distribution by 30 percent or $0.03 per trust unit to Cdn $0.07 per trust unit. This does not change Pengrowth's previously declared October 15, 2009 cash distribution announced on September 21, 2009, at Cdn $0.10 per trust unit.

What say you?