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This topic split off from here to keep that topic focused on company news. - Chris
This topic split off from here to keep that topic focused on company news. - Chris
BullDog wrote:Dod101 wrote:
Presumably you are looking at the forward yield. If anything the yield is likely to reduce as the share price recovers but it is a well run company and it is building up its renewables side . Future looking I'd say which is why I will continue to hold it. I live off my investment income but I am happy to hold SSE.
Dod
I agree, SSE is a terrific company.
However as I have said before, I'm not giving them my dividend money to spend on off shore wind farms.
Share price has, quite predictably, dropped since I sold and took my profit with me.
I've reinvested the proceeds elsewhere in the renewable energy industry at a better yield and I'm fairly confident of decent capital growth too medium term. Though nothing is guaranteed if course.
I can imagine buying SSE again one day. But not now.
I'd be interested to know which renewables company you invested in, and why you don't like money being invested in offshore wind. It could be argued that any company investing, is investing money which might have become your dividend income, so I'm trying to understand your reasoning here.
Arb.