Yes, my apologies. Monday is Xdiv, so you have to buy today to get it. You can even buy in after hours today to get it, but you can't sell until Monday.
the 11th is xd, but you would have to buy it today, remember the seller on xd gets the dividend, not the buyer.
Earning up 23%. Revs up 10%. There are high flyers that don't turn in so well. Add to that a generous and growing dividend and you have a stock that must be owned.
OK fine...suggest something better.
Please do not say Amazon.
JL - If you expect anything more than a relatively flat stock price (over time) and a very slow (but consistently) rising dividend you will be disappointed and should find another investment. Anything over that is a bonus.
I've held ED for years, precisely for the dividend (hat's why people buy utility stocks). ED's price does seem strangely volatile, though. I've never really understood that.
JL name one bank that will give you 4.4% on a CD or savings account?
I again beg to differ. The economy is in the crapper. A Democratic ideologue, Yellen supports Obama and his profligate vote-buying spending, which requires ongoing low interest rates.
ALL utilities are getting pounded now for 6 weeks. Speculation is that treasuries are on the way up (and they are). that trend will continue. invariably, that translates to hedge funds, mutual funds and other institutional buyers selling off and moving to those T-bills. they are virtually risk free. sell off will accelerate as Fed loosens up the reins.
expect to see the utility sector continue to plummet. yields will not cover the capital loss. also, dividend lovers (like me) HAVE to understand that dividends are all relevant. once ex-dividend date (NOT payout date) is reached, share price MUST drop proportionate to dividends. simple accounting/math.
i have been beaten down enough in my utility portion of my portfolio for long enough and liquidated all 6 utilities and reinvested in other market sectors - some of which distribute larger dividends like the BDC's (ARCC and MAIN for 2).
i don't like to see anyone lose money in the markets and want to share. even tho i am in the black on utilities, not to mention dividends, is all about what is happening now and what is looming. why give back gains when i can reinvest them and grow them elsewhere?
good luck to you all. You can see my Long-Term Sentiment...
Sentiment: Strong Sell
A sewer rat named Connie and her husband Ed told me they almost suffocated from gas fumes penetrating sewers when 101 year old ED pipes broke in NYC.They're planning to move to a town where the gas pipes are relatively new because ED is going to have to replace lotsa 101 year old pipes in the future (which will affect earnings drastically)but they don't care about earnings and just "wanna survive."