GREY:CRIUF - Post by User
Comment by
Sukhi19on Aug 02, 2017 6:57pm
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Post# 26540611
RE:RE:RE:Ryan Modesto
RE:RE:RE:Ryan Modesto "He likes this and holds it in their model income portfolio. It has about a 7%-8% distribution right now, which is very attractive. Even if the stock does nothing, you are still making 8%. The payout looks fine. They are growing their distribution at about 5% per quarter currently. Payout ratio is about 70%-80%. They acquired a US company, US Gas & Electric, that looks good and will add more growth."