TSX:TOU - Post Discussion
Post by
integrity11 on Mar 06, 2024 9:53pm
5% Dividend Based on $63 - Good Investment With Upside
TOU is a great Investment . A 5% ($3.20) annual dividend based on current share price and good chance of increased special dividends in subsequent quarters .
IMO NG is oversold and prices increases will happen soon. Large US NG producers are already cutting production (overdue imo).
As a comparison CNQ which is another great Canadian oil and NG company has an approximate 4.2% dividend.
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