RE:RE:WTI up 2% Brent up 5%The divvy is an overhang. You can see from the ongoing debate on this board that some want it cut, some dont want it cut, some want to wait and see what happens over the next 6months.
I think if they do cut the divvy, the stock price will go up, not down since the divvy overhang would be gone.
If they do cut, what is prudent? 25%, 50%? even at 50%, your yield is 7.5% which is good for any new investor.
In the meantime, hold and collect.