Post by
TouchDown12 on Nov 30, 2021 4:04pm
BIR Announces Doubling of Quarterly Com Shares Div...
Good News at Market Close. TD12
Comment by
Burgersandfries on Nov 30, 2021 4:26pm
I think it's so minor of an increase they should have waited and done nothing! A material change would be a monthly divi and more money. Perhaps this is coming but today's announcement is basically a nothing burger!
Comment by
TouchDown12 on Nov 30, 2021 5:10pm
It figures you would say that.... Burger... LOL. It's at best a trend provider rather then a gamechanger. It least Jeff is thining about it. TD12
Comment by
Burgersandfries on Nov 30, 2021 5:45pm
Fair enough! Just want this debt gone ASAP I don't quite buy into these buy backs as being that great. perhaps doing it shows up later with a lower float and a tighter market. The only way it is beneficial to us is if gas is high for the next 5 years and we are debt free sitting at a 200 million share float and hopefully 30% of cash flow minimum being returned to shareholders.
Comment by
TouchDown12 on Nov 30, 2021 6:29pm
Good Analysis Burger... I think there are a few ways to play this - but debt reduction is #1. TD12
Comment by
llerrad5 on Dec 01, 2021 12:30pm
They are gradually phasing in dividends while paying down the bank load at the same time. Perfect plan. I'm sure we will see more dividend increases as we move forward. Dividends will support the stock price better tham share buy backs.