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Spyglass Resources Corp SGLRF

Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.


GREY:SGLRF - Post by User

Bullboard Posts
Post by BradleyHon Sep 10, 2013 11:34am
440 Views
Post# 21729733

Dividend High Because Stock is So Low

Dividend High Because Stock is So Low
Someone mentioned that the dividend is very high and maybe reduce it. No thanks, the reason the dividend is so high percentage wise is the stock is so low. As AVF this stock used to be $5.50. The profit/income should be able to handle the divdent as the gross amount is still the same the percentage is just higher.
Bullboard Posts