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  5. TVE: Hi, Is this a good time to add to TVE and do you see them increasing their dividend this year? [Tamarack Valley Energy Ltd.]
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Investment Q&A

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Q: Hi,

Is this a good time to add to TVE and do you see them increasing their dividend this year?

Thanks,

John
Asked by John on May 25, 2023
5i Research Answer:

TVE has been disappointing, but we still like it overall. But, it is going to mostly move with the sector, and with recession fears a recovery may take some time. The company raised its dividend in October 2022, so unless commodity prices move up we would not expect a bump until at least October this year. We would be comfortable adding up to a size that reflects personal risk levels.