Comment by Cognition777on Dec 06, 2024 10:44am
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Post# 36349182
RE:RE:25 years and still waiting for my first dividend
RE:RE:25 years and still waiting for my first dividend I agree Metal.
TKO and CS used to be neck and neck; TKO botched NP while CS cut the fat, moved on, and is now developing larger scale deposits.
They have similar paths, but CS farther down the development road than TKO in scale, but similiar in timing of deposits. Even so, CS is not at the point of issuing dividends either.
TKO may have the luxury to issue dividends once Yellowhead is producing by developing further deposits with debt.
Dividend stocks put companies in 'another class' of stability perception and attract larger investors; so holding debt while issuing dividends is often better for a stock than waiting until the company is producing debt free products.
In any case, I agree... it "sure isn't anytime soon."