Ron's portfolio in retirement

[fenders53]

(07-09-2022, 10:26 PM)rnsmth Wrote:

(07-09-2022, 08:55 PM)fenders53 Wrote:

(07-09-2022, 07:22 PM)rnsmth Wrote:

(07-09-2022, 09:08 AM)fenders53 Wrote: EOG may stop doing specials quarterly, but they have the cash flow to keep the yield high.

We must live in different worlds.  EOG's current yield, of about 2.9%, is a solid mid-yield level.  High yield - not to me.

How did you misinterpret that?  The actual yield we have received.  It's sure not 2.9%.  I just said quarterly special dividends may or may not happen.  That is pretty much what they have done. I said I expect there will be some more.  Maybe not every quarter.

The specials are special.  I count on the regular dividends.  I expect another large raise in the regular dividend this year.

Sorry I misunderstood you.

I think we will probably get another special soon.  This may be peak earnings quarter but even if they fall back they will still be incredibly profitable.  They may buyback shares or accelerate debt repayment as well.  None of these are bad options.  I am just guessing they won't raise the base dividend a lot because it could be problematic years from now.