OTCPK:APCFF - Post by User
Comment by
thomas35on Dec 18, 2010 2:25pm
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Post# 17866348
RE: RE: RE: Atlantic Power write up
RE: RE: RE: Atlantic Power write upAvenir is presently paying out
.06 per month as a trust. Starting in January they will be paying a monthly dividend of
.045 as a corporation for a yield of 8.75%. that is a payout of 60% of available funds vs ATP payout of 100% funds for the next 2 years. ATP can't possibly raise their dividend in the near future years.
As for $20.00 a share price for ATP in the next year I don't think so. Sure hope I am wrong!!! LOL.
The main reason for me selling some ATP is I have too much of my money in this stock and want to diversify.