|Last Price$38.30||Day Change (%)1.43%|
|Open Price$37.98||Day Change ($)0.54|
|Day Range37.76–38.32||52-Week Range31.25–41.38|
As of Fri 09/19/2014 03:59 PM EST | USD
PSEG Power Joins PennEast Pipeline Project
Top managers continue to focus on higher-quality dividend-paying stocks in a fully valued market.
With solid growth prospects and dividend yields above 4%, income investors would be wise to consider high-quality utilities such as Southern Company, Duke, and Public Service Enterprise Group .
Fitch Affirms Ratings of Public Service Enterprise Group and Subs; Outlook Stable
Rutgers Study: PSE&G is Putting Thousands of NJ Citizens to Work over 10 year period with Major Infrastructure Upgrades
Interest rate fears have weighed on the sector's absolute performance, but utilities' fundamentals remain strong for the most part.
Our top utility picks during periods of inflation, deflation, or stagflation.
Although the economy needs to improve before the Fed raises key rates, some dividend payers might act as good hedges amid higher rates, while others have something to lose, says Morningstar's Josh Peters.
Fast-approaching environmental regulation could reshape the utilities sector.
Final environmental regulations give utilities near-term certainty but no comfort.