RE:RE:Lagging behindjimgeorge wrote: Tolly, I didn't think the last divy increase was "way short". I prefer slow and steady medium sized divy increases. I've been around a long time and seen lots of oil companies with outsized dividends slash them very quickly when prices turned. I want to know my divy, although it is moderate, is safe. WCP had an outsized dividend in 2014 that was deeply cut, I know they don't want to do that again.
As I said before, I think wcp's combination of growth (and asset improvement) and decent shareholder returns is sustainable for the long run.
I can't really argue with that logic however, when a company is flush with cash, thats when the shareholders need to be put first, if not when their flush with, cash, when? Its the shareholderes that have the lions share of the risk so I still believe when in times are good we should be paid. I agree if things go a little downward they can pull back on the dividend, in the meantime, we still get paid, we live with the decrease when the time comes and when we have to. Still, all good points jimgeorge.
Looking forward to the release Thursday, good luck all!
GLTA