Arborbridge wrote:I have CNA, Ian, and like you I'm a bit wary. It's refreshing to have a more positive view from someone - in this case Miner - and perhaps one day I will give way to the fact the it regularly comes top of my list and buy more.
Maybe I should have the courage to do so.
With two cuts, two further holds and the dividend barely HALF covered at present (not to mention that political risk), is brave really the word you're looking for?
Arborbridge wrote:How things change - a few years back Centrica was one of the private investor's favourite shares and was almost a "must" for inclusion in any income portfolio.
Arb.
If Doris had bought 15 years ago, it would still be doing a job for her as a part of a HYP - rubbish capital performance, but the dividend compound growth rate over that period is nearly 8%. I still have a shrivelled holding producing more income than when I bought it, but things need to improve enormously before I consider a top up. I leave speculation to other areas of investment...