RE:RE:Sgy dividend policy <20% of adjusted funds flowDunworkin2 wrote: Personally, I do enjoy the monthly divy, but given the overall oil environment, I think our current dividend is satisfactiory. 10% yield is generous. I'd like to see any extra cash flow be directed towards two areas:
1) accelerate debt reduction
2) buy back shares
That, along with a better Cdn energy outlook should create more interest in Sgy which could draw in more institutional investors, which should help strengthen the share price which would lower the dividend yield, which might be a better time to revisit increasing the dividend at that time.
Excellent points!
Kherson