100% agree. Choppy the last few months, but that really supports better returns next year. Whenever it goes like this I just always think 5 years ahead from today! MFG right now offers an 11.2% yield based off last years dividend. That yield would still be likely to rise in the 2022 market. The loss of SJP may peg it back to 9% but if MFG pick up new clients and starts to swing, we’ll um game on. But today all we focus on is losing staff, restructuring, axing jobs, etc
MFG Price at posting:
$20.28 Sentiment: None Disclosure: Held
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