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Strategies & Market Trends : Dividend investing for retirement

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To: Steve Felix who wrote (13203)2/1/2013 11:15:19 AM
From: E_K_S  Read Replies (3) of 34328
 
Re: Atlantic Power Corporation (AT)

Atlantic Power Corporation Announces Agreement to Sell Three Florida Facilities

That news should be positive for the company as they can now reduce their large debt position. Stock off more than 5% to %11.67/share. Perhaps as a result they now may have to cut their dividend.

Steve - Is this one still on your radar screen? Dividend is $1.14/share which reflect a 9.8% yield. Doesn't look sustainable to me.

EKS
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