RE:RE:RE:Special Dividend News Maybe Tomorrow?GunnerG wrote: Maybe a small or no special dividend, probably announced with results. Remember TOU considers M&A an allocation of FCF. The December Bonavista closing was $725M in cash.
Per January Presentation:
Alongside dividends, free cash flow will be allocated towards: (1) maintaining a pristine balance sheet, (2) high return infrastructure investment opportunities (3) accretive bolt on M&A (4) modest exploration Eastbank wrote: Probably waiting for the cash till to fill a little higher following the warmer Winter weather.( and lower commodity prices) Just have to remain patient! GLTA
Smaller than last year this time which was $2, but there will be one as per all the press releases talking about 4 regular and 4 Specail. This year I am guessing 0.5 - 1.25 max.