10-05-2021, 09:30 AM
(10-05-2021, 09:19 AM)bankerboy Wrote:I follow utilities way too closely to include earnings calls. (yeah I should get a life lol). I prefer some UTEs that grow a little faster, but I have noticed DUK has just started borrowing some their business model. DUK doesn't need to grow quite as fast. They just need to grow and that 4% div entry looks sweet. Is it better than my faster growers with 3%? Maybe not, but if you want 4% guaranteed today DUK is it.(10-05-2021, 08:01 AM)fenders53 Wrote: I would never chase Duke but it is a very good pick in the 4% category. Buy it on a dip and you'll likely see some stock price appreciation too.
Hard to find 4% plus yields with a 10 year record of stock price appreciation. Many of these higher yielding companies have had rollercoaster prices over the 5 and 10 year periods. Lots of variables today that will impact the next 10 years however that didn’t impact the last 10 years. Technology advances and ESG are 2 that come to mind.
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