RE:Its Time
"... Why wait until this stock falls to the $9.00 plus range and when they do announce it, even if we get $1.00 bump, that would only put us back in the $10. plus range...."
Management dot not manage based on day-to-day stock price fluctations.
A year from now WCP will be trading at $xx.xx, regardless if a dividend increase is announced today or next week. On the long term the timing of the announcement will have no effect on the price.
By the way for readers who care about the price of WTI, take a good look at WTI futures. Currently, March, June and September 2023 contracts trade slightly above the current January contract! That is the first time in a year.