TSX:HSE.PR.B - Post by User
Comment by
RagingBull3on Dec 31, 2020 11:56am
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Post# 32203728
RE:RE:Preferreds continue to Power Higher.... $$$$ Crazy Dividends
RE:RE:Preferreds continue to Power Higher.... $$$$ Crazy DividendsI think CVE dividend is suppended currently. HSE dividend on the commons is I think maybe 1.5 cents a quarter. As I understand, that dividend will be applied to all of the combined shares. Then I think maybe soon after they will raise the dividend.
I agree, it would be fiscally disciplined NOT to raise the dividend and pay down debt (get rid of the high yield debt).
All just my opinion.
rad10 wrote: RB - I would be disappointed if they raised the dividend on the combined common stock. Pourbaix is fiscally disciplined and he will want to strengthen the balance sheet on the combined entity. I may be wrong, but all the best for the New Year.