Dividend good sub 45 oilThe dividend according to the company is safe at 40 oil and if they stay at 60 to 70 it will increase this year and they may even pay out a special dividend free cash flow has increased by 4% from last year
because production was up 22% even though average price was down its all about free cash flow
at todays price we are getting a 6.27% dividend also it's paid on a monthly basis and company says it will increase this year either by a one time special dividend or an increase in the monthly dividend payout and maybe even both supply is tight so oil can move rapidly higher on a number of events
at this price sgy is worth the risk