04-20-2016, 11:03 PM
I'm with Kerim, and DW brings up some good points.
I'm spoiled having bought most of my AFL during Fukushima and also when there was this meme that their portfolios were full of European bonds when everyone thought Europe and Greece would explode into a giant fireball.
Quite disappointed with these low raises the past few years, but at this point, I'd prefer a more prudent management that one too aggressive...But yeah, hard for me to pull the trigger here.
But a high quality company. I keep hoping that one year management will announce a mid teens dividend raise, justifying the slower years. One does need to be patient in this business.
I'm spoiled having bought most of my AFL during Fukushima and also when there was this meme that their portfolios were full of European bonds when everyone thought Europe and Greece would explode into a giant fireball.
Quite disappointed with these low raises the past few years, but at this point, I'd prefer a more prudent management that one too aggressive...But yeah, hard for me to pull the trigger here.
But a high quality company. I keep hoping that one year management will announce a mid teens dividend raise, justifying the slower years. One does need to be patient in this business.