01-16-2014, 04:51 PM
(01-16-2014, 03:51 PM)DividendGarden Wrote:(01-07-2014, 05:53 PM)Dividend Watcher Wrote:(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.
Speaking of WEC, they raised their dividend today, but it was only 2.0%. Not enough to keep pace with inflation. http://seekingalpha.com/news/1512131-wisconsin-energy-corporation-declares-0_39-dividend
Its only 2%, but its their second increase in the last year. Also raised it with their August payment.
Nov 12, 2013 0.3825 Dividend
Aug 12, 2013 0.3825 Dividend
May 10, 2013 0.34 Dividend
Feb 12, 2013 0.34 Dividend
Nov 9, 2012 0.30 Dividend