01-26-2014, 04:53 PM
(This post was last modified: 01-26-2014, 04:56 PM by Robandcindy2.)
The Case Against Selling In The Wake Of A Dividend Freeze
Over at SA there is this interesting article.
Good discussion going on. I particularly found David Crosetti's and "Chowder's" comments enlightening (as I always tend to do....).
[/quote]
I own PM and am not worried about that one. I think currency issues are their biggest headache right now since all of their business is outside of the US. I think you can expect 8-10% earnings and dividend growth like clockwork, which is pretty awesome for a higher yield company.
CSCO is one I've had an eye on and like the valuation on it but I haven't bought. Can't complain with the yield and growth at just an 11.5 PE.
ED has a nice yield but that's about it. Have grown dividend at just 1% per year over last 5 years. Similar to VVC that I recently sold for the same reasons. I'm not familiar with ED's growth prospects however, maybe there is something that makes it attractive that I'm not aware of.
My 2c worth.
[/quote]
I agree. Not sure about ED. I have Utes for stable (Widows and Orphans income purposes. Really had ED wrapped up as one I didn't need to worry about. It will sort itself out....
Over at SA there is this interesting article.
Good discussion going on. I particularly found David Crosetti's and "Chowder's" comments enlightening (as I always tend to do....).
[/quote]
I own PM and am not worried about that one. I think currency issues are their biggest headache right now since all of their business is outside of the US. I think you can expect 8-10% earnings and dividend growth like clockwork, which is pretty awesome for a higher yield company.
CSCO is one I've had an eye on and like the valuation on it but I haven't bought. Can't complain with the yield and growth at just an 11.5 PE.
ED has a nice yield but that's about it. Have grown dividend at just 1% per year over last 5 years. Similar to VVC that I recently sold for the same reasons. I'm not familiar with ED's growth prospects however, maybe there is something that makes it attractive that I'm not aware of.
My 2c worth.
[/quote]
I agree. Not sure about ED. I have Utes for stable (Widows and Orphans income purposes. Really had ED wrapped up as one I didn't need to worry about. It will sort itself out....
There are people who use up their entire lives making money so they can enjoy the lives they have entirely used up
Frederick Buechner
Frederick Buechner