01-18-2014, 12:00 PM
Ron.
As we get closer to retirement, I'm thinking more and more about utilities. I did a quick screen of the 12/31/2013 CCC list. I used the following criteria:
1. Electric & Gas Utility - I like the 2 different revenue streams; heat and light
2. Yield > 3.25%
3. Chowder Number > 8
I was left with CMS Energy Corp. (CMS), Wisconsin Energy Corp. (WEC), Avista Corp. (AVA), Northeast Utilities (NU), Dominion Resources Inc. (D), Alliant Energy Corp. (LNT) and Southern Co. (SO).
Interesting list and am checking them all out again. I really like WEC but wondering how long this elevated streak can continue. It just seems so counterintuitive about what I've always thought of utilities. AVA also looks interesting due to its large renewable energy base load. They also just purchased the utility, Alaska Energy & Resources (privately held) in Juneau, AK.
Certainly looks like they're working for you.
As we get closer to retirement, I'm thinking more and more about utilities. I did a quick screen of the 12/31/2013 CCC list. I used the following criteria:
1. Electric & Gas Utility - I like the 2 different revenue streams; heat and light
2. Yield > 3.25%
3. Chowder Number > 8
I was left with CMS Energy Corp. (CMS), Wisconsin Energy Corp. (WEC), Avista Corp. (AVA), Northeast Utilities (NU), Dominion Resources Inc. (D), Alliant Energy Corp. (LNT) and Southern Co. (SO).
Interesting list and am checking them all out again. I really like WEC but wondering how long this elevated streak can continue. It just seems so counterintuitive about what I've always thought of utilities. AVA also looks interesting due to its large renewable energy base load. They also just purchased the utility, Alaska Energy & Resources (privately held) in Juneau, AK.
Certainly looks like they're working for you.
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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