RE:RE:RE:RE:HUGE vol.DivysRock wrote: By your response it is quite obvious you dont understand the point. Companies who promise something and then dont deliver get punished for a very long time. The fact that the stock yields 10% is immaterial and only highlights the disconnect between Canadian oil companies and the price of oil. Vet is a very strong company and yields over 13% - this doesn't mean they are in trouble. The financials are strong enough to do what they promised even if oil drops..
I will ignore your insults as I am sure I have far more shares than you ever will.
Stop! Just STOP! You are giving me a headache. This is a business, promises mean nothing, they owe you nothing. The environment has changed, there is very likely global recession coming and oil could head below $40.
A prudent management that already has a VERY generation dividend and lots of debt has NO REASON to raise the dividend. Over 300 million outstanding shares here and 2 classes of debenture interest to pay, every fraction of a penny going to clown shareholders looking for 1/8th of a penny more/month is big money for them. VET wil have it's dividend cut, the market is asking for one and it will come. You can mark this post. Again, take your 300 shares, GTFO and go look for a fraction of a penny dividend increase elsewhere.