RE:Anyone buying ? Not buying at this point as we did all our PPL buying for the year earlier this year adding 1000 shares at an avg of $45.25. I'm totally fine with these purchaes even though it's now quite a bit lower.
As an asdie, my wife & I are retirees living off dividend income. We generate more dividend income than we need so as the excess rolls in, we either gift it to the kids & grandkids or buy more of what we already own. We also sold the last of our REITs earlier this year and put it to work in our other holdings. We own 13 TSX listed dividend income/growth stocks in 4 sectors - midstream, banks, utils, and telcos. No fixed income, GICs. etc at all.
The midstream sector is currently are favoutire sector and PPL is our favourite in that sector. We also hold a full position of KEY, ENB, and TRP..
Not that it matters to us but I still expect to see a big run in the midstream sector sometime this year so think this is a great buying opportunity.
Ciao
Sarge
stockmarket1 wrote: 52 week low happening. Anyone buying or on the sidelines? I'm might begin to nibble a bit here and there next week. See if it levels off. Wondering if we'll see a 7% yield first? It's getting up there which is off for PPL. I think anyway
Cheers