Lightstream
Posted: Wed Oct 15, 2014 9:39 pm
CALGARY, ALBERTA--(Marketwired - Oct 15, 2014) - Lightstream Resources Ltd. ("Lightstream") (LTS.TO) is pleased to announce that our cash dividend for the month of October will be paid on November 17, 2014 to all Lightstream shareholders of record on October 31, 2014. The October dividend will be $0.04 per Lightstream share. The ex-dividend date is October 29, 2014.
Take a look at my forecast model for Lightstream and you will see that even if WTI stays at $80/bbl (which I do not think is possible for long), Lightstream's dividends are not at risk. Recent asset sales have significantly improved their balance sheet.
Take a look at my forecast model for Lightstream and you will see that even if WTI stays at $80/bbl (which I do not think is possible for long), Lightstream's dividends are not at risk. Recent asset sales have significantly improved their balance sheet.