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Bullboard - Stock Discussion Forum Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."

GREY:WFREF - Post Discussion

Long Run Explor Ltd Ord > NEWS dIVI halved again
View:
Post by specboy2011 on Jan 15, 2015 8:40pm

NEWS dIVI halved again

1.75 cents
Comment by peplare on Jan 15, 2015 8:50pm
That was in there Budget. Currently, Long Run is paying a monthly dividend of $0.035 per share ($0.42 per share annualized), for a total of approximately $80 million annually based on 193.5 million shares outstanding. We believe, given our commodity price forecast for 2015, that it is prudent to lower the amount of our monthly dividend to $0.0175 per share ($0.21 per share annualized), for a ...more  
Comment by bigbird456 on Jan 15, 2015 8:55pm
This post has been removed in accordance with Community Policy
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