Q: I have a 3/4 position in AD...surely this market reaction today (-6%) on top of yesterdays -5% is overdone. Even if it does take 1-2 quarters to prove themselves to investors, the dividend looks safe, with a 90% payout ratio. Why not just keep collecting the now 9+% dividend while we wait!!! Awfully tempting to top up to full position in the next few days. Make sense?
Thanks...Steve
Thanks...Steve