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Bullboard - Stock Discussion Forum Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."

GREY:WFREF - Post Discussion

Long Run Explor Ltd Ord > December dividend
View:
Post by Sumcan2 on Dec 15, 2014 7:28pm

December dividend

19:19 EST Monday, Dec 15, 2014

CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that the Board of Directors has declared a dividend of $0.035 per Common Share to be paid on January 15, 2015 to shareholders of record at the close of business on December 31, 2014. The ex-dividend date for this dividend is December 29, 2014. Shareholders are advised that this dividend is designated as an "eligible dividend" for Canadian income tax purposes.

It will be interesting to see what happens tomorrow. I was expecting a cut and more of an update.

Comment by theman0 on Dec 15, 2014 7:32pm
There is more news coming. They will update everything either tomorrow or Wednesday. Who knows, but they may even hint at a cut for January.
Comment by 99999gold on Dec 15, 2014 7:51pm
pop the champagne! but wait - 3.5c vs how much everyone lost?  laughable how you guys are celebrating over this 3.5c, I can actually see this selling off tomorrow on this div payment news. New 52wk low coming...
Comment by specboy2011 on Dec 15, 2014 7:54pm
Wow WTF are these guys doing? Cut the whole enchalodo.Easiar to reinstate in 6 months a year whatever.I believe market wants a cut or suspension instead status quo........Wow in shock
Comment by theman0 on Dec 15, 2014 8:12pm
Hello specboy. I believe that they will announce something either tomorrow or Wednesday and they will discuss future dividends and strategy going forward.
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