We are getting a total of a 13% annual gain from dividends. Approx 8% plus the 5% discount from DRIP. And we have the upside potential with all of the acquisitions beginning to bring in revenue this year. What's not to like about a 13% annual gain to wait?
The question here is will we still be paid 7.7% to wait 3 months from now? If the distribution rate gets cut, the loss in CAP will take forever to be reclaimed. I don't like all the new shares and it was a mistake to get stuck with a bunch of gas station just to get a few more mile of pipe.
Holding for now but at what seems to be a big risk.