Dividend Play: Gibson Energy

in #stock8 years ago

Just bought some Gibson Energy today at $17.50 CAN and with $0.33/share quarterly dividend, that's about a 7.5% yield. Not bad with all these unknowns in the market: paid-to-wait. I believe oil price will be higher than now in a year, so it's a good time to get in with a small position. WTI crude price is currently about $47/barrel.