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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (66906)3/17/2021 8:51:22 PM
From: Spekulatius  Read Replies (1) | Respond to of 78958
 
FWIW, Added to South Jersey Industries (SJI) as they just announced a secondary. This NG distributor s/d now pay a 5% dividend. Not sure where it will settle out once the offer is priced into the market but looks like it is/was over done. Secondary increases the float by 6%.
Some thing to consider - the regularity framework in NJ is very poor there, which leads to poor ROE. My only utility position is SRE and I very recently added to this stock around $116/share.