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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Scott Mc who wrote (872)4/3/2001 11:07:24 PM
From: bhartley  Read Replies (2) of 11633
 
PVE.un recently converted to a trust from Founders for a 1 share of Provident for 3 shares of FDE. They initially said that first distribution is on April 13 @ $0.25 and will be paid monthly. However, with their announced merger with Maxx, they are to raise the distribution to $0.30 per month in June which at $11.00 per share present trading cost is not too shabby. Also gave out their net asset value at $14.60 per share.
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