TSX:NWH.DB.G - Post by User
Comment by
apollojeticon Jun 11, 2021 10:39am
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Post# 33371831
RE:WHAT'S THE END GAME?
RE:WHAT'S THE END GAME?This is the type of company you want as part of your "Safety" portfolio. You don't worry too much about it and let it ride and collect the dividend. Add on weakness. Don't expect major growth as they always do share issues. Can be frustrating for some looking for price appreciation and dividend increases.
Think of it as a riskier type if GIC for the long term.
This helps you avoid the time bombs that go off from time to time and help you sleep better.
Another reason why I have several preferred shares as well from companies such as Emera, Loblaws, George Weston, Canadian Utilities, Fortis, Sun Life, Brookfield Asset Management ect. All those shares are perpetual with fixed interest rate. Some have been paying for over 20 years. Never a dividend cut.
Covid is a great lesson to keep part of your dollars in safer companies IMO.