A long time ago (well, pre-covid, lol), when I was an even worse investor than now, I bought shares of Invesque Inc. (TSX:IVQ, TSX:IVQ.U), which was paying some fat dividends back then.
Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic in North America will continue to utilize health care services in growing proportion to the overall economy
Pandemic hit them hard, dividends were cut to zero, the share price was decimated, and in the end, it is an RE company but not REIT, they are not obliged to pay dividends, so they are still not paying them.
Thus, the share price is hovering around C$1, while it was C$9 before, while they are selling assets and trying to fix their debt problems.
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