SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chowder who wrote (13034)11/1/2012 7:58:09 PM
From: JimisJim   of 34328
 
dabum: here's more from that call... the CEO said, "So what we've done in the past, we have a more traditional payout strategy for the utilities, 65% to 70%. And that resonates well as we benchmark to other regulated entities. On the growth side for the competitive part of the integrated, we have tried to benchmark more of the yield and keep track with the sector and the yield. Now since we've got a little bit more damage with the gas and our concentration in NiHub, our yield is 5.9%, last time I looked at it where the others are probably 1% lower, if not more. So we're outpacing the yield.

But if something structurally change there and you're dealing with a 90% payout on a dividend for a long run and we have to question if we're getting value. You don't want to live on the edge."
------------
FWIW: I calculate the current payout ratio at 87% ± which is what triggered my initial thoughts of revisiting my long term analysis of EXC. I'm not going to sell tomorrow, but sometime in the next few weeks.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext