I have been holding this stock for many years when they were called CANROYs and have collected for many years. Although the price is down from my average price I personally believe that I did not lose money on aggregate. And I hope sooner or later the stock will take off or bought out. One Canroy I had was bought out by a Middle Eastern country many years ago. it is nice to get paid every month.
You're right, Vin. The trick is too average down IF you believe in the company over the long run. I've done that with PGH and while I am down on my original position, my many other average-down positions are all up. There are no guarantees but it sounds like PGH has a winner in Lindbergh and they seem very committed to the dividend.