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Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B



TSX:HSE.PR.B - Post by User

Post by Bapakon Jul 23, 2008 11:12pm
804 Views
Post# 15323840

Dev $2/s!!!!!

Dev $2/s!!!!!CALGARY, ALBERTA--(MARKET WIRE)--Jul 23, 2008 -- Husky Energy Inc. (Toronto:HSE.TO - News) announced today that the Board of Directors has approved a 25 percent increase in the Company's quarterly dividend to $0.50 from $0.40 (Canadian) per share on its common shares for the three-month period ended June 30, 2008. The dividend will be payable on October 1, 2008 to shareholders of record at the close of business on August 22, 2008.


Well, if this holds ( I see no reason why not) this will be almost 5% return. Better ( and safer) than banks. Interesting to see what brings to morrow! I say $1- 2 up.

B.
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