Thanks Balance. Interesting times for sure ! NZR on go slow to the end of August now
https://www.nzx.com/announcements/351320
I missed this announcement the other day.
http://nzx-prod-s7fsd7f98s.s3-websit...200/320262.pdf
This latest move by ZEL to cut the dividend altogether adds to a now fairly established pattern suggesting ZEL is not a "reliable dividend payer" and accordingly I will exclude it from any future considerations in terms of its suitability as a retirement income stock.
On a different topic, with people only making relatively few infrequent short trips to their local supermarket to replace essential food supplies, car batteries will be under pressure to maintain sufficient charge so warming your car up for 5-10 minutes, (i.e. extra battery charging time), and taking your time with the drive makes good sense to help your car's electrical system get enough charge to cope during the lockdown period. No trips to the supermarket required ? If you don't have a trickle charger it might be a good idea to start you car up in the driveway and let it idle for 20 minutes or so once a week.