CJInvestor wrote: Although personally I think CJ should focus on share buyback over a div increase so soon...

https://ca.finance.yahoo.com/news/cardinal-energy-tsx-cj-expect-124111126.html

 

That article gave us no info we haven't already been discussing, it just continues the 'echo chamber' we are already in here...

The dividend increase was already guided by management in the plan forward, for them not to increase it would go against thier own words...

The question becomes how big do they go?

They already came in light at 5 cents on entry citing safety to $50/oil... I can continue to see they going light on the increase, but is that 2,3 or 4 cents... I'm working with an expected 2 cent increase in my projected plan for safety... but I believe they could easily do 9-10 cents and still be very safe...