Post by
Sirlostalot on Jul 02, 2021 5:23pm
Dividend
20 cents a share would be great , think that would be about a 7.5 % yield, hard to imagine they would come out of the gate at that level even though they could comfortably afford to at these oil prices.
Comment by
diceslinger on Jul 02, 2021 5:49pm
It's all speculation but a $7 20 stock price with a .03 a month dividend would seen doable....tons of extra cash flow could be handled with a special one time dividend.
Comment by
pierrelebel on Jul 02, 2021 7:00pm
Baby steps folks, baby steps! I expect an initial quarterly dividend of $0.02 or $0.03 increased in 2022 to $0.03 or $0.04 Possibly, the board will use some of the cash flow for share repurchase/cancellation at some time in 2022. Patience. This is a long term investment.
Comment by
Sugaree on Jul 02, 2021 9:23pm
Dividend waste of time, in order, pay down debt, buy back shares, then give a dividend to less shreholders!