Birchcliff Energy Ltd T.BIR

Noted: X Dividend is Friday September 13th

[TimeBuilder1]

Pay Day is Friday September 27th    ;>)))
( multi accounts )

[Maxmoe]

Yeah , I'm wavering on what to blow my divy cheque on this quarter. Last quarter was my new lawn tractor, I was thinking snow accessories or a new shed for it but if we sell off early October back  to 5.5 ish , I might have to just buy some more stock. With rates coming down this divy yield will look good to the growing GIC refugee crowd. That's a better crowd than the refugees from

[PlutusofCrete]

I love BIR - but have to wait until the next dividend cut. 

[Imhere62]

Sorry not going to happen. Moving up from here

[Maxmoe]

Agree, but I don't feel the least bit sorry for him. Maybe a sorry "buddy" with sarcastic undertone ? LOL

[Maxmoe]

Decades ago, I worked at a place with a 50% discount for employee purchases if you signed up for payroll deduction. Up to 10% of salary they matched whatever I bought. If I bought $10,000 they matched. Sounds great IF you can afford it ( I could ), and IF you can afford to save for the tax bill. The beauty of the payroll deduction plan is the taxable benefit is also withheld from each paycheque

[PlutusofCrete]

the same insider buying was happening last year and then the divy was cut this year.  CEO is clear. Divy is not safe when debt is 1x annual cash flow. There will be a cut.