RE:Disappointing dividend announcement I for one never expected a div increase announcement today. We are too early in the quarter for that plus they are still paying among the best yield in the industry. To increase it so quickly before further share buy back has been completed would make the shares rise too quickly thus increasing the cost to repurchase and also increase the amount to pay out since more shares in the float.
So I am in alignment with their vision to focus on ncib for now and then maybe in the fall provide an increase to the divvy. In any event we are in very good hands here. Look at CJs performance of late -- beat out only by VET which has 4x the market cap.