Post by
mbuch on Nov 17, 2021 12:45pm
Slow and steady decline...
with slowly rising rates.
Don't think this has much upside anymore.
Sit and collect dividend or take profits?
Comment by
Capharnaum on Nov 17, 2021 1:48pm
Altagas will still grow faster than comparables/economy (7-10% growth), so there should be further upside. At some point, there will also be upside from the midstream/utilities split.
Comment by
rustyblades on Nov 17, 2021 11:33pm
The longer the stock flatlines the juicier the dividend increase in December. They raised too little last year and disappointed many retail investors. They need a 10% dividend raise this year if they want the stock price to grow.
Comment by
stocktalk on Nov 18, 2021 10:34am
Easy money has been made, only a divy stock now not much growth projects. imho
Comment by
Capharnaum on Nov 18, 2021 12:29pm
They have 7-10% growth for another 2-3 years.
Comment by
russter on Nov 18, 2021 4:13pm
I'm collecting a over 6% on cost taking the monhly divi is fine by me, 4-8 % div increase ok by me also, I will continue to hold and collect every month. Fluctuations be damned, love to see it lower so I can pick up more. Russ
Comment by
Capharnaum on Nov 18, 2021 5:26pm
Altagas should provide an update and a dividend increase early december (last year was Dec 10th).