He typically doesn’t own utilities because they tend to be dividend yield plays, not dividend growth. This is an excellent company serving about 5.5 million customers in 11 states. You get good consistent mid-single digit dividend growth and earnings growth. Half their power generation comes from coal, so they are going to have to spend money over the next 5-6 years to retrofit some of their plants. Dividend yield of 3.4%.
This is fine. It is defensive. Utilities in general are defensive. They have a contentious case in Ohio to become a regulated utility. Thinks it is a stable, safe place. Not a lot of upside. Dividend yield of about 3.5%.
This is fine. It is defensive. Utilities in general are defensive. They have a contentious case in Ohio to become a regulated utility. Thinks it is a stable, safe place. Not a lot of upside. Dividend yield of about 3.5%.
(A Top Pick April 7/14. Up 16.47%.) Sold this at around $61 in order to pick up some other names he wanted.
(A Top Pick April 7/14. Up 16.47%.) Sold this at around $61 in order to pick up some other names he wanted.
(A Top Pick April 7/14. Up 16.9%.) He got out of this back in November when it hit his target, with a gain of about 22%.
(A Top Pick April 7/14. Up 16.9%.) He got out of this back in November when it hit his target, with a gain of about 22%.
At a previous high last May that he would like to see it gets through, but more importantly it has a strong upper trend. Utilities are starting to move up on the weeklies so when you see this action happening, we have a longer-term negative/sideways trend and a shorter trend, this really peaks his interest. Great dividend. Sells at a little bit of a discount to its peers.
At a previous high last May that he would like to see it gets through, but more importantly it has a strong upper trend. Utilities are starting to move up on the weeklies so when you see this action happening, we have a longer-term negative/sideways trend and a shorter trend, this really peaks his interest. Great dividend. Sells at a little bit of a discount to its peers.
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
American Electric Power Company Inc is a American stock, trading under the symbol AEP-N on the New York Stock Exchange (AEP). It is usually referred to as NYSE:AEP or AEP-N
In the last year, there was no coverage of American Electric Power Company Inc published on Stockchase.
American Electric Power Company Inc was recommended as a Top Pick by Mike Capombassis on 2016-06-07. Read the latest stock experts ratings for American Electric Power Company Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of American Electric Power Company Inc published on Stockchase.
On 2020-06-03, American Electric Power Company Inc (AEP-N) stock closed at a price of $87.71.
He typically doesn’t own utilities because they tend to be dividend yield plays, not dividend growth. This is an excellent company serving about 5.5 million customers in 11 states. You get good consistent mid-single digit dividend growth and earnings growth. Half their power generation comes from coal, so they are going to have to spend money over the next 5-6 years to retrofit some of their plants. Dividend yield of 3.4%.