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  • Penn West Energy Needs to Show Investors Its Worth [View article]
    Oh, forgot. I think the Canadian Oil trusts need to pay a divi equal to their net income. That means if PWE makes $1.10 per share for Q2 they would have to raise their divi around .03 per month.

    Looking forward to 2009 if earnings are $5.91 and their current divi is $4.08 they would have to raise their divi by $1.83 per share or .15 per month. How would a 20% divi yield sound?

    To get them back to a 13% yield the stock would have to go up to around $45.
    Apr 25 17:29 pm |Rating: 0 0
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