RE:RE:A special dividend???Cenovus has a pretty good track record of doing what they say they are going to do. As a result I don't expect a special dividend from them ever. I see them ramping up the NCIB, increasing the regular dividend, and finally continued debt reduction, but declaring a special dividend is a waste of capital for them and I can't see it. But yes, they CAN do it, but I bet they won't.
TopStockBuy wrote: About 50%. If not next week it will be next quarter. The div is a joke and costs them next to nothing. They earn more in a week. $100 Million + per day right now. They have so much FCF they are way beyond their expectations for paying down debt. Absolutely expect a special dividend very soon IMO. Obviously I disagree with the other responses. Time will tell.
Oasisjunior wrote: What are the chances that Cenovus would issue a special dividend when they do their big announcement on Feb 8??????