RE:RE:RE:RE:RE:RE:WCP is a huge laggardI agree with the sense of a reward that receiving a dividend provides. What I also like is that I believe it helps keep management accountable to shareholders. To maintain/increase a dividend, they have to keep their pencils sharp and always keep an eye on the bottom line. It also serves as a very good positive feedback loop. By paying shareholders a decent dividend, shareholders can choose what they want to do with the cash they receive. Personally I think they are doing a very good job, and therefore using every opportunity to reinvest.
Lots of chatter this morning by market pundits that energy/oil likely has a good few years to run. All good with I think quite a bit more room to run.
Enjoy the ride and GLTA.
tollycraft wrote: I like the way you think, and do agree with you. It will be interesting to see if their going to bump the divi or plan on bigger buy backs. Although I prerfer a dividend increase, bupming up their buy back program will help certainly help share value. I guess the dividend always is encouraging, it FEELS more like a reward for your investment and is definitly a more tangible return. I put it back into shares anyways.
GLTA
Tolly