RE:Unc12345trevorjplows wrote: With inflation at 2% and banks and bonds paying 2% what is wrong with 7% while you wait . I really believe a div increase is coming , maybe matching cj timeframe , who knows. One piece of positive news, trans mtn keystone, the troubles in the middle east will trigger a substantial upswing.. everybody talks of buying low and selling high but for the most part it is cr \ p , most dont put their money where their mouth is . I personally iniated a position at $158 and am adding more. Just one investors opinion
It is 7.7% and it is not safe, that's why it's 7,7%. Believing a dividend increase is coming is like expecting for oil to hit $150. The next move on the dividend is likely to be down rather than up. Not happy about it but that's probably the reality. This stock has been extreme pain for me.