Company Overview and News
NextEra Energy’s (NEE) outstanding dividend growth in the last few years contributed to its total returns. NextEra Energy’s management aims for even higher dividend per share growth in the future. NextEra Energy plans to increase its dividends 12%–14% through at least 2018. Utilities’ average expected dividend growth is ~4%–6% annually for the next few years. (1-0)
Two top regulated utilities servicing the southern Mid-Atlantic and Southeast US are Dominion Energy (D) and Duke Energy (DUK). For investors, the decision of which to include in their portfolios is much like the tussle between different renditions of one of my favorite songs, (Walk Me Out In The) Morning Dew - Jeff Beck (and Rod Stewart) in 1968 or Grateful Dead in 1967. The tune is a post-apocalyptic folk-rock song written by Canadian folk singer Bonnie Dobson in 1961, but made famous by these two incredibly outstanding versions. (17-0)
NextEra Energy (NEE) declared a dividend per share of $0.98 per share for 4Q17. The ex-dividend date for these dividends is November 22. The dividends will be paid on December 15, 2017. (1-0)
Duke Energy (NYSE:DUK) is the 7th largest electric power company in the United States. It provides electric services to 7.5 million retail clients across the Carolinas, the Midwest, and Florida, and natural gas distribution services to 1.6 million clients in Ohio and Kentucky. (5-0)
The EIA (U.S. Energy Information Administration) issued its latest natural gas inventory report on Thursday, November 9, 2017. In this series, we’ll review the natural gas inventory for the week ended November 3, 2017. The latest natural gas inventory was 3,790 Bcf (billion cubic feet), which is 0.4% more than 3,775 Bcf for the week ended October 27, 2017. Natural gas inventory rose only 15 Bcf during the October 27–November 3, 2017, week. (23-0)
Let’s take a look at what institutional investors in Duke Energy (DUK) did with their holdings in 3Q17. The top five institutional investors in Duke Energy all raised their stakes in the quarter ended September 30, 2017. The Vanguard Group leads, with a ~7.3% stake (51 million shares). In 3Q17, BlackRock Institutional Trust added the most shares, 1.9 million. According to a recent report, it holds approximately 4.
Duke Energy Corp (NYSE:DUK) is ranked as a Buy using the Portfolio Grader stock evaluator, which incorporates Louis Navellier's investing methodology. This represents no change from the previous week and is the same ranking DUK has had from Portfolio Grader for 3 months.
FirstEnergy Corp. (FE - Free Report) and subsidiaries recently completed inspection operations and maintenance services of its equipments, in a bid to ensure operational reliability in its service territory, before winter arrives next month in the United States. (44-0)
Investment thesis: Dominion Energy (NYSE: D) is a very good company in the utility sector, paying steadily growing dividends above the market. The company also announced a good report at the beginning of the month and many new projects are at the completing construction stage. All these facts will allow the company to protect dividends and reach the promised dividend growth of 10% from 2018 to 2020. (51-0)
The Dow Utility Average surged to an all-time intraday high of 774.71 on Tuesday, up 17.4% year to date. (4-0)
Investors seeking momentum may have iShares U.S. Utilities ETF (IDU - Free Report) on radar now. The fund recently hit a new 52-week high. Shares of IDU are up approximately 23.3% from their 52-week low of $113.89/share. (19-0)
Passive investing has become an increasingly popular strategy for investors, as a combination of years of smooth, drama-free gains and persistent momentum winners have made more expensive, active strategies unpopular. (245-1)
Duke Energy (DUK) aims to increase its dividend per share 4%–6% annually for the next few years, which is in line with the industry average. Duke Energy’s dividend growth is expected to be driven by its earnings growth around similar levels. (1-0)
Duke Energy (DUK) declared a dividend of $0.89 per share for 4Q17. The ex-dividend date for the dividend is November 16, 2017. The dividend will be paid on December 18, 2017. (1-0)
Georgia-based Southern Company (SO) declared a fourth quarter dividend of $0.58 per share on October 16, 2017. It has an ex-dividend date of November 17, and the dividend will be paid on December 6, 2017.
2017-10-28 - Wilton
2017-10-25 - Wilton
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2017-10-09 - Wilton
2017-08-25 - Wilton