Post by
soundandfury on Dec 14, 2021 6:04pm
Regardless of stock price
Paul will need to pay the maximum dividend possible..........some companies have pledged 50% of free cash flow .......sgy historically paid less than 20% ........if sgy really does make $160 million free cash in 2022.........then they could probably afford $80 million annual divi $1.00 / share annual dividend...........
Comment by
Chris007 on Dec 14, 2021 6:16pm
If that were the case, the target D/CF ratios they provided in their guidance would pretty much go out window... More likely they focus on deleveraging in 2022. I'd be surprised if a dividend was implemented at all for next year.