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Streetwise gives you news and analysis on Bay Street and the world of finance
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Constellation shareholders shouldn’t get used to their dividend Add to ...

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Dividends are usually viewed by management as sacrosanct. Except at Constellation Software Inc., where Mark Leonard, the company’s CEO, just told his shareholders the quarterly payout could disappear at any moment.

Constellation is an acquisition machine, so it might need the money for a purchase, Mr. Leonard said as the company announced earnings.

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