RE:Dividend playYou have it wrong.
CVE new dividend is $0.42 per year. Not per quarter. About 2% per year.
silkos wrote: CVE just released their latest ER. Outstanding results plus big news for shareholders bringing the div to .42 quarterly. Having this in perspective, Suncor shareholders which are invested in SU for the div only may choose to double their div by exiting SU and opening CVE positions. Makes sense? We'll have to see if SU comes up with a similar move to reward investors. Thoughts on the topic?