RE:Divi CutALA was at about $30 when they announced the takeover of WGL. They only recently reached that level briefly earlier in 2022. Like the old saying for stock prices, the elevator down, the stairs up
svsingh83 wrote: I was saying that it won't be a 50% cut but 30 to 40% cot.
By opting for 40% cut they have erred on plus side which is good for preserving the balance sheet and BBB rating.
They had raised the divi in 2022.
ALA had cut their divi by 56% and have recoverd from $12 to $24.
AQN is in a much better postion.