RE: RE: .20 dividend ? True... But even with $35m of FCF, a 50% payout ratio would be about a 30 cent dividend. So they definitely have a ton of room for dividend growth... And it's not like this company is capital intensive, as all new surveys are co-funded by the licensee, with a larger percentage of funding coming from the licensee -- not pulse.
We should definitely expect to see a 20 cent payout within the next few years.
Also, keep in mind they've done all this with gas prices at multi year lows.... You'd like to think there is nowhere to go but up, not that our business is 100% dependent on nat gas prices, but nonetheless, it helps.