Ex-Distribution Date 24 June 2009 Record Date 30 June 2009 Distribution Payment Date 28 August 2009* and Estimated Distribution per Security was 0.3755 cents.
I can see no reason why a similar time table of announcements will not be made again this year. I would expect that the company has been trading with less expenses and better profit for the last 12 months, (unless of course CNP hasn't been dragging ever more cash from the cash cow)
That should make CER an interesting stock to hold during the next two or three weeks.To back my thoughts I have chosen CER as one of my stock picks for June.
I'm often wrong so DYOR.
CER Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held