RE:For the record
Davesnothere wrote: The current divi is .03 month or .36 year.
WCP plans to increase that to .73 / year in 3 stages before this time next year.
First stage next month, Second stage before year end 22 , Third stage before end of June 23.
just saying...
There is ZERO guarantee that this will happen if oil goes down significantly. The US midterms are in a few months and do not underestimate the demonrats and their puppet master to "engineer" something to crash the oil price before then. There is no way the board will rise the dividend if the share price goes down to $5 which is what we will see if oil goes to even $90!