Mart Resources Inc MAUXF

dividend

[alank1]

when we get to 35k bopd an if the oil price stay at these levels, does anyone know how much the divy will be?

[zeus55]

More than likely the dividend will stay at 5 cents/quarter. All of the delays and pipeline disruptions have eliminated the chance to build a cash war chest this year, and Mart had to actually borrow money. Now, the taxes will increase even before we get any meaningful increase in production, so it wouldn't be wise to increase the dividend under those circumstances. But the present dividend

[prentum]

This post has been removed in accordance with Community Policy

[eusdond]

20 cents per year is enough to keep me hanging around in anticipation of better things to come at some point in time...

[zeus55]

Who isn't happy with a 13+% dividend? But that still raises the question of who was doing all of the selling this week? Why would they throw away that kind of yield, plus all of the upside presented by the eternal cheerleaders of this stock? Doesn't seem to make any sense.