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Walter Energy, Inc. declares $0.01 dividend

  • Walter Energy, Inc. (WLT) declares $0.01/share quarterly dividend, in line with previous.
  • Forward yield 0.35%
  • Payable March 13; for shareholders of record Feb. 20; ex-div Feb. 18.
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Comments (3)
  • CornStove
    , contributor
    Comments (211) | Send Message
     
    So what is the prognoisis for recovery or for the year 2014 for WLT? We know they did not miss a dividend payment ... even if they only paid $.01
    31 Jan 2014, 03:57 PM Reply Like
  • Spin
    , contributor
    Comments (244) | Send Message
     
    The prognosis for recovery of what? Coal? Steel? The financial well-being of the consumer to buy houses and cars?
    2014 may become a sticker shock year for many when they realize that their monthly Obamacare health insurance payments exceed their monthly car payment. The Affordable Care Act, which the Supreme Court ruled as a tax, will dampen consumer discretionary spending. The auto loan delinquency rate is already climbing at a alarming rate. Housing appears stalled.
    The current administration's energy agenda seems to be "kill Old King Coal, so the baby can survive." The EPA has turned a blind eye to hydraulic fracturing for natural gas that endangers our drinking water supply. Oops. Sorry, we didn't mean to pollute that aquifer that supplies drinking water to 3 states.
    WLT usually takes a hit with the thermal coal stocks, but the steels are the ones to watch. I did not hear Obama say anything in his State of the Union address that would float steel's boat.
    I do not have a crystal ball, but the stock price will move up when the buyers outnumber the sellers. Watch their chart.
    2 Feb 2014, 11:48 AM Reply Like
  • bobbycook
    , contributor
    Comments (5) | Send Message
     
    Yea I would like to know that to, as I am short the March 17 options..LOL
    31 Jan 2014, 06:36 PM Reply Like
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