OTCPK:VGIPF - Post by User
Comment by
schmoltzieon Mar 14, 2013 12:37am
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Post# 21127489
RE: RE: RE: UNSUSTAINABLE DIVIDEND?
RE: RE: RE: UNSUSTAINABLE DIVIDEND? $3.25 will be a bit of a stretch, but it would set the divi rate at 7%, which some people think could happen. I can't see it, but anything is possible.
WCS price is going to be a drag for the foreseable future. A positive anouncement on Keystone could change that.
A decent stradegy would be to reinvest divi's for compounding returns while the stock price is low and at the same time average down.