I've always wondered why the emphasis on diversity in management within companies like PRU? Why is there a mandate for diversity hires? Why not hire the best candidate based on who can get the job done regardless of race, etc.? Does PRU get tax credits for diverse hiring? I've never purchased life insurance based on how diverse a management team or sales office is presently? Thoughts out there?
There's no reason for the stock to correct from 36 to 30. Shareholders received 12 shares of Talen for every 100 shares of PPL, at roughly $20 share now. $240 dividend of stock on 100 shares. The price of PPL corrected $6 or $600 on 100 shares. It now yields 5%. I really don't care what interest rates are, nor the price of natural gas. Bottom line, is there an alternative to using electricity for residents in the Northeast on a large scale? Not really. 10 years from now I expect people to continue paying their electric bills and using electricity, which makes PPL a very sound investment, while paying a dividend.