The Financial Post reports in its Wednesday edition that Strathcona Resources plans to issue a special dividend and increase the liquidity of shares traded should the company's takeover attempt of MEG Energy fall through. A Bloomberg dispatch to the Post says buying MEG is not "Plan A" for Strathcona, chairman Adam Waterous said Monday about his company's $6.6-billion hostile takeover attempt of the rival oil sands producer. A failure will not be a major setback, he said. Mr. Waterous mentioned the dividend on the In the Money With Amber Kanwar podcast earlier this month. "If we don't buy MEG, we'll probably issue a special dividend of about $10 a share," Mr. Waterous said. "We're in a very fortunate situation that our status quo situation is extremely compelling." In May, Strathcona offered $23.27 per MEG share in a cash-and-stock offer for the company shortly after agreeing to sell its assets in the Montney shale formation in a $2.8-billion deal. Last month, MEG's board advised shareholders to reject Strathcona's bid, calling it inadequate and saying that combining with Strathcona would expose its investors to "inferior assets." The board also started a strategic review that may include finding other offers.