Originally Posted by
nextbigthing
Gidday Bull,
Cheers for the reply. Seems like a reasonable company to hold as part of a diversified portfolio and for exposure to that sector. However if it's dividends you're after, I think there's better options out there. For example, HNZ, PGW and HLG all have earnings yields around 10%. In bad times what could you expect this to drop to, 5%? Still better than 7% and 3% (divvy yeild) for THL. However if you're trying to find 20-30 higher yielding companies then I guess THL is an option.
Thoughts?
Cheers, NBT