It’s Back! Husky Energy Declares Common Dividend
The big news out of no-moat Husky Energy’s fourth-quarter earnings report was the company's declaration of a common dividend of CAD 0.075 per share. On an annual basis, the dividend approximates a 1.7% dividend yield, below the peer average of 2.1%. More important, the dividend signals that the company believes it can generate enough cash flow to continue growth while rewarding shareholders.Husky Energy reported strong fourth-quarter results, highlighted by continued strong free cash flow. Husk...
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