RE:RE:Who would prefer that VET pay the DIV monthly?Certainly with VET buybacks are not neccessary and slightly disadvantageous. The share float is already so low that shorters have an easier time influencing the share price of the stock. Buybacks would just amplify this problem.
Divs are coming, they said they are and we are due to be paid. The question is, how often?
I have stocks that are monthly payers and quarterly payers. The quarterly payers appear to have volitile share price fluctuation around the ex-div date every quarter. The monthly payers, not so much.
Monthly payers also offer the opportunity to reinvest the funds faster whether it be back into VET or elsewhere offering faster growth opportunities. It also makes the stock more liquid as you do not have to wait for quarterly ex-div dates to buy or sell shares. You can do it once a month.
Lastly and probably most selfishly, monthly divs get my money to me quicker and let me decide what to do with it then.
Either way VET's share price is bound to increase. I would like to get paid as it does as quickly and as much as sustainably possible. Commodity futures have ways of turning on a dime.
GLTA Longs
byloselhir wrote:
Either way is good by me, my biggest issue with all the o&g stocks now is i would prefer debt/divi/buybacks not debt/buybacks/divi i just hate seeing shares bought back at 10x plus their lows, i have lots of people respond like i am an idiot that the o&g price was so low they had no money to buy shares, oh so the execs where not still making their millions? I don't need to be told the company had no money but the share price can be supported by insider buying not just company buying, god knows how many times i have seen a company buy back shares then the stock crashed good times seldom last for ever