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

RE:RE:Husky dividend coming up this Friday?

[SQCConsulting]

No re-instatement of the dividend will not likely be announced along with the Q1 results. I anticipate that re-instatement of the dividend will happen Investor Day (later this month I believe) when the company lays out its 5 year plan/growth strategy. This along with details concerning WWR, Asphalt, Liwan will all make up part of the show. Its going to be a big show meant to impress institutional investment. Expect a huge bump up in and around the Investor Day. If they do not announce a reinstatement of the dividend, they may as well kiss any type of institutional investment forever goodbye. Most have already abandoned ship but if they put on a good show (div and growth) they will get some to come back on board.