Post by
Reachme on Nov 06, 2023 8:38am
Gear Energy
Investors could be attracted to the stock based on the quality of its payment history. We are encouraged to see that Gear Energy has grown earnings per share at 42% per year over the past five years. The company doesn't have any problems growing, despite returning a lot of capital to shareholders, which is a very nice combination for a dividend stock to have.
Comment by
Roscoe747 on Nov 06, 2023 12:34pm
Gear is an unattractive stock mainly due to the anti-oil narrative. That fact may also extend to any presumed business arrangement. Gear should dedicate cash flow to supporting the balance sheet and extending the RLI in the hope of better days ahead rather than a dividend that does nothing to support the share price. Dividends can be declared when the business plan supports such declarations.