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AETUF - Arc Resources: Capital Spend Leaves No Margin For Dividend
ARC Resources Ltd
ARC Resources is a 50-50 oil-gas energy producer, largely based in the Montney field on the BC/Alberta border, coming from the now-dead income trust tradition - it pays a high (9.25%) monthly dividend that's been set at that level since early 2016, when it was cut in half from 10 cents to the current 5 cents monthly.
The company is thus currently committed to 53m (all figures CAD) of dividend payments a quarter. There are minimal safe opportunities to earn this sort of income in 2019, which raises the question - why doesn't the market