RE:RE:RE:Dividends Never Make up the LossesPEY's payout ratio is 63% and TRP's is over 400%. Now I know there is a DCF factor that aids TRP but saying it is more resilient leads me to believe that your D&D could use a little DD.
This little commodity blip is going to be a buying boon for PEY (not selling) but after it is done along with tax loss selling I expect another bump and PEY hitting 52 week highs again in the 1H of 2024.
You do you and GLTA
Sukhi19 wrote: D& D fails when unexpected events happen e. g. When Saudis started a price war, nobody expected it. Nobody expected COVID-19. Weather is becoming more unpredictable .Now they are cutting quota but it is not helping much. My D & D says that PEY is a good company but they can't control NG price. In my view, PEY & BIR rushed to increase dividends. PEY Divi may survive by the skin of their teeth but BIR is in hot waters.
I plan to shed some of my PEY shares and buy TRP which is more resilient. TRP to my mind is out of troubled waters. However, you can not predict spillages.