RE: RE: RE: 7% Dividend yieldmarpincan...wrong board for this kind of debate... suggest you read EP'S quarterly report. ...not the SH quick profile...that's not much DD in my opinion.
And It's trading at book... and the SP has reflected the earnings...(3) of their power plants were costing them money for repairs and upgrades and some fuel issues...that's soon to change...if you would read a bit more!
Until then, they... (EP.UN) are still paying .63 cents a share or 20.9% per year...I'll take that for as long as I can...bets BMO'S 7% per year. People can do as they like ...I like yield ...for how ever long I can get it...just a suggestion.
AND... All the Banks are about to roll over here ( next two weeks or so )...the US Banks only showed a profit because they sold assists, or they got billions handed to them. With growing unemployment in the US and Canada that rosy picture in earnings wouldn't stick around. Even the Canadian Banks will start to feel the pinch... not as bad but there will be some pain with Chrysler and GM going belly up and all those dealers and plants closing or shutting down for a while. Commercial real estate is the next shoe to drop and it's going to cost likely more then the Home Mortgage situation, and then it will be personal credit cards and loans. Not saying anything that hasn't been already said.
I like the Canadian banks going forward ...but I am suggesting short term that one buy a few PUTS to hedge that's all.
Cheers