RE:IMO Earnings TodayDogsbreakfast4U wrote: They increased their dividend by almost 23% (from 22 to 27 cents a share) and share repurchase program. Is this a preview of what could happen with CVE? Let's hope so.
I am doubtful they would do it this soon, they are set up to make some big cash flow which can dramatically reduce the debt. Once that has been knocked down and they have sorted out what's for sale then I suspect we will see those actions, but I figured 2 years before any meaningful changes to dividend.