RE: 8.7% yield now13 Sep 2018 16:06
Interesting the events that are unfolding. I think you may be right about some accounting interpretations that may not have painted as pretty picture as we thought. The BOD have said they will stick to their 5 year Divi plan, but has this been reiterated to steady a potential mass sell off????? I hope not. I am wondering if I should get out after holding for a couple of years and buy in again later, but I'm unsure. The books look good and if it really is due to a hot summer, then the winter will bring in money. In the mean time, if this is already factored in, which I expect it will be, then I think this will drift to around 10. At this point the mm's will factor in a longer term hold with good Divi and will stabilize.