MEG Energy Corp MEGEF

Dividends2

[BIGMONNIES]

If MEG announced just one special dividend - the stock would stabilize and soar. I am guessing they just want to pay down debt (a good thing) and but back stock in anticipation of a buyout or going eventually private. In the meantime there will be very little advantage to holding the stock for long periods while everyone else plays musical chairs with it. Over the last week if you sold at $21 and bought at $20 - you would make a lots of money with the confidence that if you guess wrong it is a great long term hold anyway.

[ratsnake220]

i really disagree ...in a growth stock you want total debt reduction and a improved cash flow for a re rating of the stock.....buy backs are better than a divident....their will be a time when the mulitple matters......This is not the type of investor who wants a dividend over capital gain....

[MigraineCall]

For Canadian investors, (in Alberta), here are your 2022 tax rates. You must lookup your own provincial jurisdiction rates on the CCRA site. For those with higher income, eligible dividend income is taxed at a much higher rate than income from capital gains. Unlike the tax implications of dividends being paid to you regularly throughout the year and adding to your yearly taxable income, you

[jack4567]

MigraineCall, thank you for your knowledgeable insights.  Even where an insight may not benefit the reader now, it may in future.