RE:RE:RE:RE:RE:RE:RE:RE:RE:Increase to Monthly Dividend & Preliminary Q2 2021 ResultsLol, well you sure can put a damper on a solid day. Just kidding of course, I cant recall too many days of gaining 7.5% here tho for a long time. I have to say tho I it does make me curious on how this trades tomorrow, part of me said dump half if it hits 2.90 and the other part said something else might be in the works so hold out.
babedinkleman wrote: It's up that percentage based on the usual unjustified weakness this stock sees as it always drifts lower in the absence of constant reassurance for the market. It was above $2.80 just two weeks ago. It's up not just because of the dividend increase....but what it means...clearly business is improving. Not that that means much with DIV....the market will continue it's hate on once there is a lull in news.
BTW.....don't take much Tommy says as serious....he thinks Trudeau is a great leader......loves the carbon tax and smokes a lot of weed. Plus he bullsh!ts alot.....but given those other attributes that isn't surprising.
Shirtlessnomore wrote: I find it hard to believe that a 5% dividend hike has sent this up almost 8% today. I think something else is going on.
Tommy123 wrote: Got it. Yeah, there should be a lot more upside for DIV. If they continue to regularly boost dividends, and make another accretive acquisition, we could be in the upper $3s later next year IMO.