Thursday, 16 June 2016

4 Reasons to Own This Utilities Best Dividend Stock


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Dividend Aristocrat in the Making Added to the Best Dividend Stocks List


This Best Dividend Stock comes on the back of another stock that we added a few days ago, which was an advertising company.

The company had a horrible past – after being associated with a parent company that went bankrupt. However, since its IPO ten years ago, it has increased its dividend every single year and, given the healthy growth that analysts are projecting, we feel this is a dividend aristocrat in the making over the next fifteen years.

It has more than 800,000 customers, which are mostly residential, followed by commercial and then industrial. It supplies electricity to more than 50 cities.


4 Reasons Why You Should Own This Stock:

  • The next dividend aristocrat in the making.
  • 7% earnings growth expected in 2017.
  • Utilities viewed positively by the market when there is blood on the streets.
  • The company delivers electricity through a network of wind, hydroelectric and natural gas generation plants, and is rolling out smart meters and IoT linkages.
Stock Symbol  Unlock   Price Recommended  Unlock
Company Name  Unlock   Date Recommended 06/15/2016
DARS Rating 3.9   Ex-Div Date  Unlock
Current Yield 3.04%   Pay Date  Unlock
All data in table above updated as of 06/15/2016.

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MORE ABOUT THIS STOCK

Trailing 5-Year Dividend Payout History

  • Annualized Growth Over Last 5 Yrs: 2.4%.

As a dividend investor you need access to the best and safest stocks in the market. Dividend.com’s DARS ratings have been providing you with reliable and profitable stock analysis since 2008, and this addition is no exception.


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