Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s): TNEYF

Energy Oil & Gas E&P

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its Charlie Lake oil play is located in northwestern Alberta. Its EOR portfolio includes a set of assets across Alberta representing a range of formations and production types. The Company’s subsidiary is Tamarack Ridge Resources Inc.

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Tamarack Valley Energy Ltd > Any Chance of a Dividend Being Established Here?

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Comment by JohnnyDoeon Feb 11, 2022 6:18am

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Post# 34419209

RE:RE:RE:Any Chance of a Dividend Being Established Here?

newcoin wrote: Surprised at your attitude? The very first dividend hasn't even been paid out yet.

Declaration of Inaugural Dividend

Tamarack is pleased to announce that it will proceed with the implementation of its previously announced dividend program. Tamarack's board of directors has declared an inaugural monthly cash dividend on its common shares of C$0.0083 per share. The dividend will be payable on February 15, 2022, to shareholders of record at the close of business on January 31, 2022. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes.

2021Gamble wrote: Well, given they already have a dividend with a 2.028% yield at current prices...i assume you mean increase as opposed to establish

....so....

What's the question again?

newcoin wrote: I thought I heard Nuttall say on BNN that after TVE pays some debt down they would look to establish a dividend later in the year.
Thoughts?