KAR 3.61% $1.72 karoon energy ltd

Capital Allocation & Who Dat Returns, page-29

  1. 26,716 Posts.
    lightbulb Created with Sketch. 4554
    Why on earth should KAR ever pay a dividend? If you are after a dividend, you know where to go. Rake in ridiculous amounts of cash and (after rectifying minor temporary operational glitches) spend it on exploration and/or acquisitions = growth.
    Google just announced their first ever dividend - sounds like they just ran out of ideas and had to ask Bard AI.
    Last edited by CEOChair: 30/04/24
 
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