RE:Dividend increaselifeisgood...thanks for your kind words
We see shortly what they have decided re the dividend. I must admit that I have no particular view as to what they will announce in this regard. They did say that if the Surmont deal were to go through that they would raise the dividend by 10%. Since that deal fell through, the balance of probabilities is that the dividend won't be increased by 10% today - but who knows?
I would have to go back and sort through the past PRs over the past year but my recollection is that SU has already announced multibillion dollar capital spending for Fort Hills. This plus potential acquisition costs probably doesn't leave much room for dividend increases IMO.