LordConnecticut t1_j1mjcth wrote
Reply to comment by Kodiak01 in CT storm brings 100K power outages; Eversource says full restoration could take days as freeze heads to state by Toybasher
Did you not read? They paid dividends worth over $800 million dollars last year. Case closed.
Also, side note since you seem unaware. Eversource in other states is separate operationally. That’s one reason why the performance of the company in say, NH, is better then in CT. They’re essentially joined at the very top, holding company level.
Kodiak01 t1_j1mmlub wrote
>Did you not read? They paid dividends worth over $800 million dollars last year. Case closed.
The dividends go to the shareholders, not the executives. Also, $800M wouldn't even begin to cover the cost of New England alone.
>Also, side note since you seem unaware. Eversource in other states is separate operationally. That’s one reason why the performance of the company in say, NH, is better then in CT. They’re essentially joined at the very top, holding company level.
The levels of your ignorance on what you are trying to talk about is astounding.
NH, MA and NH are all operated until a central umbrella at Eversource. The costs I broke out (which you ignored in hopes that others would not notice they exist, or just haven't come up with a way to refute the truth) would exceed the dividends paid out in New England alone; the number you listed was for the company as a whole. Unless you want to pay licensed electricians the same as burger flippers, the math will never add up without massive price increases.
LordConnecticut t1_j1n1wd4 wrote
I never said dividends went to executives lmao. With your calculations, it would.
Do you think the dividend (i.e. money basically given away) is the total sum of their cash on hand? Not to mention the several executives making over $40 million a year?
anon122022 t1_j1mzbik wrote
You seriously have no idea what you’re talking about. 99% of what you’ve said on this thread is factually incorrect.
LordConnecticut t1_j1n1nkp wrote
Are you incapable of math? 348 million shares at $2.55 annual payout per share:
$887 million dollars.
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