MEL - Meridian Energy

[couta1]

haha its sustainable dividend that counts , are you confident hlg div will be sustainable thru most economic conditions?

They have paid an average of 30.25cps over the last 16 yrs and then add your imps to that. PS-That includes the GFC of 2008.PS-Check out the PE of MEL.

[bull....]

They have paid an average of 30.25cps over the last 16 yrs and then add your imps to that. PS-That includes the GFC of 2008.

i would argue that nz didnt really have a lasting gfc it was more like a blip

[couta1]

i would argue that nz didnt really have a lasting gfc it was more like a blip

Your clutching at straws, its track record speaks for itself.

[bull....]

Your clutching at straws, its track record speaks for itself.

i dont dis agree hlg is well run and has done well and i personally treat it as a tradeable cyclical stock. in times like today i prefer sustainable. i will be sleeping soundly if things blow up and im sure the que's at the op shops will be bigger than hlg under these condions.

[IAK]

haha its sustainable dividend that counts , are you confident hlg div will be sustainable thru most economic conditions?

there is a reason hlg div yield is so high its called risk

dont forget only today and tomorrow to hoover up the gne div

Why not hold both? I'm 65:35 Mel to Hlg. Sleeping great

[couta1]

Why not hold both? I'm 65:35 Mel to Hlg. Sleeping great

With around 30% of my portfolio in HLG I haven't noticed any effect on my normal 5-6hr sleep pattern.Lol

[boysy]

https://i.stuff.co.nz/timaru-herald/...ro-lake-levels

[bull....]

With around 30% of my portfolio in HLG I haven't noticed any effect on my normal 5-6hr sleep pattern.Lol

yes sleeping very well knowing mel is out performing hlg lol

[sb9]

Director buying on market.

https://www.nzx.com/announcements/332859

[couta1]

yes sleeping very well knowing mel is out performing hlg lol

You must be joking, my HLG holding is up 50% at the moment with a 20c fully imputed divvy to come in a few weeks. PS-Thats without adding all the other mega divvies I've had over the last two years.Lol