Electric utility (West) industry
Article Abstract:
High dividend yields have been a major rationale for the purchase of electric utility stocks by investors for many years as they were higher than those paid by other industries. However, earnings and price/earnings ratios have become more important and both the industry and investors will be paying more attention to earnings in the future. Few of these stocks are appealing to investors as returns for the next three to five years are below average in spite of lower interest rates and share prices.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Electric utility (west) industry
Article Abstract:
Electric utilities entered nonutility businesses in the 1980s to increase earnings while keeping rates low. Utilities now are entering energy and utility-related areas after suffering losses in previous diversifications. The need for efficiency is leading to more consolidation among utilities. These stocks have outperformed the market in 1995, but investors must select carefully because of dividend ratios and competition.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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