RE:RE:DividendAGREED...as pointed out, the company just raised the dividend and the company will again perhaps on Q1 results , CERTAINLY on Q2 results if commoditee prices let them..in the business - you can introduce a divi, you carry on with a divi, you can even raise the divi BUT YOU MUST NOT CUT THE DIVI without taking a SEVERE BEATING from institutional holders.
IN GENERAL-ARC management has stated that they will return at least 50% of free cashflow to shareholders either in BASE divis OR sharebuy backs...DUDE, they bought back close to $400 million of their shares since sept..what more do you want??dwdc
PS risking..but i did sell 1k @ $15.26 this AM..ALL PROFITS GOOD..steaks and good beer in the fridge for this weekend.