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Thread: any of these stocks at risk of cutting Dividend?

  1. #11
    Senior Member
    Join Date
    Jan 2011
    Location
    Toronto
    Posts
    275
    Looking at this it seems a cut could be on the cards for Bonavista.

    http://www.stockhouse.com/News/Canad...aspx?n=8563901


  2. #12
    Senior Member
    Join Date
    Apr 2011
    Posts
    2,412
    From those high paying oil/gas stocks i hold only PSN and EGL.UN... Hope they don't cut dividends....

  3. #13
    Senior Member
    Join Date
    Apr 2012
    Posts
    118
    Quote Originally Posted by Canuck View Post
    "That being said if you hold it I'm not sure what I would do at this point because I would have never bought it in the first place."

    well obviously sometimes you buy a stock yielding less than 10% but it ends up yielding a lot more if the stock declines, but yes, i agree with not buying anything with too big a yield. Pengrowth and Just energy are the only ones yielding over 10%, i'm not going to buy any more of shares of those companies, i do think that I'll probably hold onto them though, and hope that the cut is no greater than 50%

    thanks for those that commented
    Sorry, poor wording. It was meant more as a disclaimer as, "I don't know what you should do here"


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