Post by
FiddyFiddyShot on Jul 27, 2023 9:48am
8 % Yield On The Horizon ?
At 46 fiddy, TRP will be yielding 8 % . Not out of the realm of possibilities at this point....
Comment by
Karl63 on Jul 27, 2023 10:53am
And at 8% dividend yield, would double your money in 9 years, even if there was never another dividend increase and no capital gain during that time. Can you imagine, if things went according to plan, what an investment it would be if investors received the 3-5% projected annual dividend increase, as well as the anticipated capital gain when the Coastal GasLink comes on full stream?
Comment by
FiddyFiddyShot on Jul 27, 2023 1:55pm
Double your money in 9 years "IF" the share price didn't drop, and "IF" they don't cut the dividend.
Comment by
Karl63 on Jul 27, 2023 2:11pm
Yes, when I wrote my post I had the "if" capitalized too. Then, being the eternal optimist that I am, I decided that was a little too negative, so I removed the emphasis.
Comment by
FiddyFiddyShot on Jul 28, 2023 1:53pm
As I was saying yesterday, and WHOOP, there it is ! (And then some)
Comment by
JerJohnston on Jul 28, 2023 2:04pm
That dividend level won't hold. They need to cut costs and they should begin by dumping thier "Woke" Department.