Hawaiian Electric Lowers 2013 EPS Guidance from $1.58-$1.68 to $1.52-$1.62. That can't be good for the stock price. Darn it. Picked another loser.
In the earnings call on May 8 guidance of $1.58 - 1.68 was affirmed. A month later its reduced. Hardly gives one confidence in management's pronouncements wouldn't you say?
It may be a loser from where you bought it, BUT will it be a loser if you buy it today? At a price of $24.63 it yields 5%. At this yield I would consider buying it.
Agreed. I like that 5% plus I live here and that divi offsets my electric bill. I've been dollar cost averaging as it's come down.