RE:NewsSo more aquisitions to delay full debt repayment and significant dividend reinstatement? A lousy 6 cents per quarter? Thats a whopping 2% yield at current share price.
I wanted the share price to go down so I could add at a good price but I'm not sure I care anymore. This is languishing and my capital may be better invested elsewhere.
divime1 wrote: - We plan to reinstate a $0.06 per share quarterly dividend commencing in Q1 2022. Our return of capital framework will be a staged approach that will increase over time as further debt targets are achieved while retaining the flexibility to adjust when necessary. The Corrib Acquisition will significantly enhance the company's FCF profile and ability to return additional capital to shareholders.
https://www.newswire.ca/news-releases/vermilion-energy-inc-announces-corrib-acquisition-and-2022-budget-and-guidance-878464723.html - We plan to reinstate a $0.06 per share quarterly dividend commencing in Q1 2022. Our return of capital framework will be a staged approach that will increase over time as further debt targets are achieved while retaining the flexibility to adjust when necessary. The Corrib Acquisition will significantly enhance the company's FCF profile and ability to return additional capital to shareholders.