- Shares in D have doubled in the past five years, which has caused the dividend yield to drop to only 3.54%, well below the industry average.
- D is more expensive than its competitors both on a P/E and P/S basis.
- Payout ratio of 88.75% is very high. The dividend growth will be limited by EPS growth.
- I'm staying on the sidelines for now, waiting for a better entry point.