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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Paul Kern who wrote (10652)	12/29/2011 7:48:34 PM
From: chowder	Respond to of 34328

Re: PGN ... Hmmm, my yield on cost is 6.6%. I bought during the second quarter of 2010. I have a total return of 51.2%. It's in a traditional IRA so there are no taxes involved. I'll have to run some numbers after the first of the year. My only concern is the delay of merging with DUK. If it already happened, I wouldn't have a problem holding. If the deal falls through, then capital gains are at risk. I'm willing to wait a couple of weeks. The NST merger is past due! That's my main priority, PGN is secondary. EDIT ... I just ran some numbers comparing in pocket dividends going forward, based on latest quarter dividends, between PGN and AEP, and I'm better off holding PGN. I need that merger to go through!