More "on topic"
Eric, I wanted to thank you again for your website. It is a very handy resource that I use to check on my all of my utility holdings from time to time. In addition to your updated narratives, it's a good place to launch to all the company websites and check out earnings call presentations. I try to review all the quarterly slide decks but I get behind. Your site makes it easier to catch up.
I own PPL but didn't really research it properly as it's a small position. I obviously knew the current yield is quite high, but wasn't aware their div growth rate was lackluster for 10 years or more compared to peers. I pulled up a chart with XEL, and PPL has been VERY volatile for many years. Nothing like a typical utility chart. I need to do some digging and find out why. I don't know what their US/UK business mix has been over the years. Perhaps that is the answer. XEL was a rough ride as well, but that was way back pre-merger when they were Northern States Power. Non-stop good things have happened since then. I will continue to follow a lot of Utes, but for my core positions I think I need rotate to a more "flight to quality" for my core Ute holdings. I think I'd be less inclined to be trimming at times like these which may or may not be the new "normal". I have a feeling the five year periods of extremely low volatility are gone for a long while.
That said, it's OK for you to buy all of them. I know you'll help me keep a better eye on them lol.
Eric, I wanted to thank you again for your website. It is a very handy resource that I use to check on my all of my utility holdings from time to time. In addition to your updated narratives, it's a good place to launch to all the company websites and check out earnings call presentations. I try to review all the quarterly slide decks but I get behind. Your site makes it easier to catch up.
I own PPL but didn't really research it properly as it's a small position. I obviously knew the current yield is quite high, but wasn't aware their div growth rate was lackluster for 10 years or more compared to peers. I pulled up a chart with XEL, and PPL has been VERY volatile for many years. Nothing like a typical utility chart. I need to do some digging and find out why. I don't know what their US/UK business mix has been over the years. Perhaps that is the answer. XEL was a rough ride as well, but that was way back pre-merger when they were Northern States Power. Non-stop good things have happened since then. I will continue to follow a lot of Utes, but for my core positions I think I need rotate to a more "flight to quality" for my core Ute holdings. I think I'd be less inclined to be trimming at times like these which may or may not be the new "normal". I have a feeling the five year periods of extremely low volatility are gone for a long while.
That said, it's OK for you to buy all of them. I know you'll help me keep a better eye on them lol.