A 13% dividend, a PE of under 2, an EPS of $3.33. Did your father ever tell you that if something is too good to be true, it is? If you got a phone call and the person on the other end told you that you would receive a free laptop computer if you gave your name and address so they would know who and where to ship it to. The only thing is they would need a credit card # to verify your identity. Would you give them your CC #? No, you wouldn't, well, some of the people who own this stock would. You see, the people who own this stock believe in the "Things for free" scam. They believe there is a stock out there with the numbers this co. has and everything is just peachy with that co. Don't fall for the scam.
Canada isn't china. I own several chinese stocks, some of which appear too good to be true. But this company isn't fake, as far as I can tell, and neither are their numbers. I'm very willing to back out of a stock if their are good reasons, cause that's smart investing. But your post is solely the "too good to be true" arguement. That by itself isn't nearly enough for me. As long as the dividend keeps coming in, and their earning remain relatively constant, I can't even entertain the idea of getting out. They provide natural gas, and other products on long term contracts. They're very stable in terms of future earnings, and dips or spikes should be known in advance because of their business structure. I'm not saying we're going to triple our money this year, but I'm thinking long term. Stable company with this kind of dividend is a steal.