I've been telling everyone that we would top $38 this week due to the coming dividend, and here we are at $37.21 down 35 cents when we should be up 35 cents. This could reinforce my reputation as a false prophet.
and by the way, are you an immediate gratification required investor? Pull back as healthy for the market. With t buying back shares and the upcoming divi having the usual impact on the divi chasers, look for a slight pull back next week. for a utility transforming this has been a good couple of years.
Actually ex-dividend is Wednesday but Monday will be too late to buy for the dividend because it takes 3 days after purchase to become a stockholder of record. T came within 4 cents of $38 yesterday and I would not be surprised to see a late surge to $38+ today even with the bad job report. The over all market has already started to recover.