RE:Special dividendFrom their recent release:
"Tourmaline plans to pay four quarterly special dividends in 2024 in addition to the quarterly base dividend of 28 cents per share, while also maintaining the net debt (3) to cash flow (4) target of between 0.25 and 0.35 times by year-end 2024. The company has determined to commence a process to sell the Duvernay assets, which were acquired pursuant to the acquisition of Bonavista Energy Corp., completed by the company in November, 2023."
Whats so funny about it? I don't recall them deviating from the business plan in the past. Patience...