stock pricelooking at the chart is a bit sobering as the stock price is about the same as it was in 2009. At $25.61 the dividend is paying above 8% which has to be stratospheric for an energy/utility/processing company these days. Might be the high premium for WGL as interest rates go higher cost of the acquisition also climbs. I personally don't think rates will climb much and it will likely be a slow process. One thing about utilities, when the cost of money goes up, they get it back through the rate structure. I bought the receipts when they were issued thinking that the downside was protected in case the deal with WGL failed but I must say I have been "caught in the headlights" with the nearly 20% drop ALA has suffered since the receipts were sold. I plan to average down, clinging to the belief that the dividend is safe and the stock is undervalued.