Put the monthly distributions in dividend reinvestment as opposed to taking cash. (if not already)
Try not to fret short-term price volatility. NCZ will be OKAY as oil and the rest of commodities recovery from crisis mode.
Always great to hear from a lifer. The utility sector has been dumped on as rate fears creep back into the market. But with your cost basis do price swings really matter?
ED is like an annuity. Its lifetime income to supplement other sources. I try not to fret losing 6 points in a few trading days although I'd certainly prefer the opposite.
They could certainly do a 3-2 but that wouldn't get us below $40/share. If the goal is attracting a new group of small retail investors, why not go 2-1 and be done with it.
We need Albany politicans to the approve rate hikes and infrastructure spending that is essential to our company's business model. ED shareholders act as unpaid lobbyists in every area of New York City and State.
We constantly whisper in our legislators' ear: "What's good for ED is good for the public"
Our last one was literally last century. The management likes a broad retail stockholder profile which is more suited with a lower share price. We haven't seen mid 30's since 2008-09 crash. It'll be nice to revisit with double the shares.