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

To: Sergio H who wrote (13448)	12/15/2012 6:32:41 PM
From: chowder	2 Recommendations Respond to of 34328

Thanks Sergio. In any event, I would be shocked ... SHOCKED! ... I tell you, if D lowered the dividend. In 1998, earnings were .86 per share, D still paid a dividend of $1.29. They froze the dividend, but they didn't lower it. In 2000, EPS was $1.25 and they still paid a dividend of $1.29. They don't have a history of lowering the dividend, even when the payout ratio is above 100%, and they have always bounced back. It's one of the reasons I like this company. Very solid! In fact, they got the highest ratings for emergency response through the last two national disasters that went through their area. A hurricane and an earthquake. Due to their excellent service ratings, they have favorable regulatory relationships. That's everything to a utility!