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+--- Thread: Utilities sector (/showthread.php?tid=819)
RE: Utilities sector - ChadR - 11-19-2023
EXC, now that's a name I haven't heard of in quite a few years. Owned it long ago. They were a big player in nuclear energy generation (I believe, going off of memory here). Then back in 2008, they had to cut their dividend pretty significantly. 60% cut or so. Stock price plummeted. I had a loss on the sale (though about 5 years of dividends helped get close to breakeven). Hadn't looked at them since.
All the prior statements are based on memories 15 years old. So there are bound to possibly be some mistakes.