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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (135197)	10/14/2022 9:24:39 AM
From: Goose94	Read Replies (1) \| Respond to of 202709

Birchcliff Energy (BIR-T) Special Dividend It's no secret that this has been in the works for a while; yet the announcement from Birchcliff Energy that it's going to pay a special dividend of $0.20 per share later this month is likely vindication for a natural gas producer whose shares were in penny-stock territory near the onset of the pandemic and whose dividend was taken down to half a cent shortly thereafter. But now the debt is way lower, free cash is booming, and the goal of having an annual dividend at $0.80 per share (10x the current level) is still in place for next year. We're hoping to speak with CEO Jeff Tonken today about the payout, Birchcliff's updated capital spending plans, and how future excess cash will be deployed. BNN,ca