Talked with Cathy Hays at Corp Headquarters and she told me the board will meet next week between 2/21 and 2/24 to approve and announce the dividend amt. and dates.
Would have been better CTL stated the dividend in the earnings report.Don't believe dividend will be increased.Can only stay the same or reduced slightly. If the ladder, might lead to a selloff. But free cash flow should cover and no change in dividend is the likely outcome.If future earnings don't meet target, don't believe you'll see 40+.