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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (143130)1/13/2023 9:11:00 AM
From: Goose94Read Replies (1) of 203441
 
Tourmaline Oil (TOU-T) Cash Cow

Shovels More Cash To Shareholders

Tourmaline Oil is spreading the wealth once again to shareholders. The natural gas player has declared yet another special dividend, $2 per share this time around, as firmer gas prices keep the cash flowing. Tourmaline's becoming something of a poster child for this movement out of Canada's energy sector – this will be the sixth special dividend it's doled out since late 2021. And the company says it has no plans on slamming the breaks on those payouts, announcing it anticipates paying further special dividends each quarter this year.

BNN.ca
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