Post by
NonCredibleSrc on Apr 20, 2022 10:47am
Is there anyone here...
who is NOT expecting dividends to be raised by another penny per share at the end of this month or in July?
If not, why?
Comment by
churchofnutsacc on Apr 20, 2022 12:57pm
Corporate presentation indicates they are spending $214 million on dividends this year regardless of oil price so I just assume that number is set. I'm just wondering what they will eventually do with all that excess cash because you can only buy back so many shares.
Comment by
NonCredibleSrc on Apr 20, 2022 1:13pm
I am thinking (hoping??) the NCIB (indicated to be expanded and etended again) could elimate enough shares to up the DIV and still come close to target.