RE:RE:RE:No One Wants To Talk About This Stock Hey Dean
How she go?
All great down this way. Just back from a fabulous 2.5 week camping/hiking trip to Utah. We didn't have any internet access so had no idea of the latest dividend stock spanking.
Totally agree with your comments on interest rates. It's quite an interesting time for us as since 2011-13, we've been converted to stricly TSX dividend income/growth investors. We tweaked along the way like dumping all pure renewables and REITs, (both for huge profits). We now only hold 12 main stocks and 1 minor in just 4 sectors - utils, midtsream, banks, and telcos (all being interest rate sensitive)
I think this will be our real test of our income matters/total returns doesn't strategy as interest rates have been artifically low the whole 2011-2022 timeframe. I think we are just seeing the proper value reassignment. Not sure how much lower it will go but the big thing we'll be watching is if these dividend stalwarts can avoid any divy cuts and how many of them can continue to increase their divy.
I actually am very confident that we will be able to stay the course.and we have no plans to sell anything and plan to continue to add to our existing holdings with our extra dividend income. I guess we will see if we are true dividend investors. :-)
Take her easy
Sarge
DeanEdmonton wrote: Interest rates rise, utilities share price drop. Pipeline, Com stocks etc behave very simialr to Bonds, with an added risk factor. When your primary return is dividend yield rising rates and higher rates for longer are not your buddy. Rest of the utilites, REITs, Telecoms etc are showing the same pattern..
1condor wrote: Stock is approaching multi year lows...definately worth a look here.