RE:RE:RE:RE:RE:RE:New Morningstar Rating - Hold and PT $54.62 CAD I think a divy cut is a very, very low probabilty but you never know. Interestingly, a 30% cut would still leave the yield at 6,25% (which is still fantastic).
Hey SARGEX__There is One HUGE Problem with Your MATH.
IF the Dividend were CUT 30% there WILL BE an INSTANT SIGNIFICANT
Share Price DROP
EXAMPLES of This Which I HAVE SEEN in the Past Were BOTH TransCanada Pipe and
TransAlta Utilities__BOTH Tanked HUGE with the Dividend Being CUT__And ONLY TRP
Recovered NICELY__TA is STILL in the Dog House after OVER a DECADE Since the CUT