If you’ve been watching utility stocks over the last few months, you might think our chance to buy these big dividends is history.
It’s not: There are two still sweet utility deals on the board, offering both high dividends (up to 7%) and steadily growing payouts. Why are these bargains still available? We’ll get to that shortly.
First, let’s talk about why utilities have been at the top of our buy list this year: When interest rates fall, “utes” fly.
Most people see utilities as bond proxies, which is why they got crushed when rates spiked in ’22. Why bother with even low-volatility utilities when you can get a guaranteed near-5% payout from a 2-Year Treasury?… Read more
Recent Comments