Water utility industry
Article Abstract:
About 15% of the US drinking water market is supplied by 17 publicly traded water utilities, most of which have access to the equity and debt markets for their capital growth needs. There has been an increasing number of mergers in the water utility industry in the 1990s, and regulations from the revised Safe Drinking Water Act are having an impact, also. Good dividends and steady earnings make these stocks appealing for conservative investors.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Water utility industry
Article Abstract:
The water utility industry is the last pure monopoly in the US with the vast majority of the 60,000 utilities being owned and operated by tax-supported municipal systems. The regulatory basis for the water industry is the Safe Drinking Water Act, and significant portions of utility capital budgets are spent to comply with this and other environmental legislation. The industry is untimely and these stocks are best suited for long-term investors.
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: