Electric utility (east) industry
Article Abstract:
Several electric utilities are expected to increase their dividends in the 1st qtr of 1998, and more dividend increases are forecast for the rest of the year, as well. However, many electric utilities will be facing reduced earnings in the late 1990s with increased industry competition, and greater dividend yields are not being projected nationwide. Investors will find most utility stocks unattractive with the uncertainties of future competition.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Electric utility (East) industry
Article Abstract:
Kilowatt-hour sales by electric utilities in the Eastern US are expected to increase by 1.5% to 2% in 1998, and competition from utility deregulation is also forecast to become economically significant, as well. Cash flows from depreciation is helping utility finances and the reduced need for new plants is also improving the financial outlook. Investors will find most utility stocks unattractive in 1998 and for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic: