01-07-2014, 05:53 PM
(01-07-2014, 01:24 PM)rnsmth Wrote: Ronn,
Have you looked at WEC? The board has a goal of getting to 65-70% payout ratio in the next few years. Good divvy increases the past 3 years, and I anticipate good ones for a couple of more years.
You know, when I was researching utes for my mother-in-law's portfolio, I kept thinking WEC has acted like a consumer staple stock the last few years rather than a boring, old utility. Almost seemed too good to last. I really need to look harder at them again.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan