RE:Re: Some high volume daysI think when the dividend does come in, if it starts at <5%, it will be going up. Going forward but not in the immediate term, I think the standard for the oil sector will be highly generous. I don't think 10% will be out of the question once everyone get used to the idea. I used to hold a RIET that payed out around 20%. It's sustainable.
I'm open to criticism on this opinion.
soundandfury wrote: Cpg 20.00 can be achieved by share buybacks...........once cpg reaches 10.00 and is paying a nice 3% to 5% dividend they can buy back half the float over lets say 10 years time span.........this will effectively guarantee 20.00 per share and possibly even higher......fewer shares mean higher dividends per share and more cash flow per share........cpg must learn to take share buybacks more seriously and not for the purpose of issueing more stock....imo