Petrobakken – 4.5% Dividend Yield, Growing 10% Per Year, Share Buyback
August 13, 2010 by
Filed under company event ideas
Petrobakken – 4.5% Dividend Yield, Growing 10% Per Year, Share Buyback
By CanadianValue. If you are a believer in higher oil prices in the years ahead, or really just oil prices steady in the $60 to $80 range then you might find Petrobakken to be of interest. Petrobakken was spun out of Petrobank in the fall of 2009 with the stock price initially at $35 per share. Since then it has been a pretty slow and steady decline to where it is today which is $20.75. So why …
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