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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Post by slacker101on Sep 14, 2016 8:40am
156 Views
Post# 25235034

Obviously a dividend cut................

Obviously a dividend cut................is imminent. The current yield is 12.8%. The share price continues to drop making the yield higher. The market is telling all of us that something has to happen. I would suggest that an elimination of the dividend (and the DRIP) will be announced in short order. It's as sure as death and taxes.
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