RE:LTA with DIV PotentialIts not because a div is possible that it is necessarily the best option. This company also has significant capex expenses (above funds from operation). They also have some albeit small interest and debt payments to maintain financial strength (low debt). Finally, if the company cannot re-invest cash into attractive IRR projects, they could also buyback shares to at least avoid/reduce the gradual dilution of shareholders due to share based compensation (options). Right now, I am not convinced paying a dividend would be most attractive use of capital for the firm. Besides, if you want dividend, you probably shouldn't focus on such cyclical firms.