RE:RE:RE:GLTALongs.navajojoe wrote: gimebackmymoni wrote: Holding just for the divvy.....waiting for more!!!!
Cheers
You just lost a whole year's worth of dividends. You happy about that?
Stock prices move up and down all the time. When you are not trading, you look at long term movements and long term dividend yields. I think it's expected that AQN's cashflows and dividends will have a CAGR over 5% for the next 4-5 years. Considering they are working in a regulated environment (where the ROE can be adjusted for inflation), where long term returns are guaranteed, this can be attractive as a safe long term cash generating investment part of a portfolio.
AQN's plan has been to double its assets over 5 years from 2020 to 2025. The only way they can achieve that is by issuing stock.
If you know what you're into, then announcements like they just did (acquisition of Kentucky Power) should be expected and include some form of equity issued unless they ramp up debt recklessly.
It's never fun to see the fluctuations of your portfolio when it's on the downside, but it's something that you should expect to happen at times as an investor.