Gear Energy Ltd T.GXE

Dividend day

[scienceguy36]

Hope the dividend is sustainable. Now have 171,000 shares of GXE which will now pay $1710 monthly.
Will keep reinvesting dividend for shares until monthly dividend reaches $2000 then will reinvest dividend elsewhere. Would feel more comfortable if oil price rises and stays between $75 and $80, then not only would the dividend be more secure but we would see some stock price appreciation.

[navajojoe]

Well you did buy in initially because you thought the dividend was double what it actually is, so forgive me if I question your investment skills.

[lovehockey]

I posted these numbers before but while the dividend is costing about $2.3 mln a month, Capex was costing  $6 mln. Now for Gear $6 mln is a relatively large number and if Gear decided to cut it to $2 mln nothing drastic would have happened. So when you see these "dividend specialists" claiming that in case of a growing debt dividend to be cut - this is their understanding of the

[CountryBoy69]

I gave you one for that post Hockey and your scenario, to me at least makes perfect sense , not to other perrenial haters. I have stated for awhile that Biden's administration arrived at the party like a nerd  way to early .His Ammo supply is low at this point and if his intention is to buy votes , YES with lower prices , then anyone on top of things would have waited till now to affect

[CountryBoy69]

Hockey , a follow-up , l mentioned that l thought l had 1 posts removed mainly for bullying , thatsrefuting nonowner haters.I should have checked first before my last post to you as 2 more removed for the same reason including one giving you a thumbs up .What is interesting is other than your name no other names were used , so who was l bullying, if the board wants to assume fair enough but what l