Q: Hi,
Is this a good time to add to TVE and do you see them increasing their dividend this year?
Thanks,
John
Is this a good time to add to TVE and do you see them increasing their dividend this year?
Thanks,
John
5i Research Answer:
TVE has been disappointing, but we still like it overall. But, it is going to mostly move with the sector, and with recession fears a recovery may take some time. The company raised its dividend in October 2022, so unless commodity prices move up we would not expect a bump until at least October this year. We would be comfortable adding up to a size that reflects personal risk levels.