What Did You Buy Today?

[fenders53]

(08-12-2021, 01:11 PM)Dividends from Scratch Wrote: Sold $ED and booked profits of 8% excluding dividends.

Reasoning:
1. Operates in a highly concentrated and hostile regulatory environment (NY)
2. Slow growth
3. Covid-19 non-pays
4. Poor dividend growth rate over 1, 5 and 20 year periods

PADI decreased to $6,713.

#1 is a big deal that makes #2 and 4 impossible.  I have about three fave UTEs.  They operate in multiple states.  Some states are a never ending political war.  Bordering states allow a fair profit.  The smart utilities expand where they can run a business and still provide fair rates.