TSX:NWH.DB.G - Post by User
Comment by
Stratocheifon May 01, 2023 5:09pm
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Post# 35423746
RE:10% yield
RE:10% yieldSNAKEYBOY wrote: You are buying this assuming the dividend *Could be cut and if so its a modest 30% cut which would still yield 7%. Best case it is not cut and you lock in a 10% yield and 20-50% appreciation
Yes but you know when a company cuts the divi, what happens next....down goes the sp. I'm hoping they don't cut but as they say, hope is not a strategy. I've already cut my position in half and waiting to see what happens because is there risk here? Yes I believe there is. It's a shame, good companies like this caught up in the interest hysteria but it is what it is