We continue to be amazed with the performance of Gale Klappa and his management team since they took over the executive leadership of Wisconsin Energy (WEC) from Richard Abdoo and his team. We even had the pleasure of interviewing Gale Klappa and the new CFO Pat Keyes in October with regards to the factors that have led to Wisconsin Energy's resurgence since 2003. Our interview has reinforced our position in Wisconsin Energy.
In conclusion, we are pleased with the performance of Wisconsin Energy. We expect continued EPS and dividend growth from the company. We believe utilities are fairly valued but Wisconsin Energy is our utility of choice. We can see why its performance has significantly exceeded the SPDR S&P 500 Utilities Index ETF (XLU) since the XLU's inception in 1998. Wisconsin Energy is our top choice in the utility sector because it has been widely recognized for reliability amongst Midwestern utilities and we believe that the Midwest will see an improved economic environment.
Source: Seeking Alpha
Related Articles:
- 8 Dividend Stocks To Consider While Waiting on Apple to Pay Its First Dividend
- Holding Bonds Could Push Your Portfolio Into The High Risk Category
- Love People, Use Dividend Stocks
- The 2012 Dividend Achievers
- Why Dividends Matter
Dividend Growth Stocks News
- 11 Dogs of the Dow Dividend Stocks to Buy Now - Insider Monkey - 7/27/2025
- 2 Dividend Stocks to Hold for the Next 10 Years - Yahoo Finance - 7/24/2025
- 2 Reliable Dividend Stocks With Yields Above 5% to Buy Now and Hold Forever - Yahoo Finance - 7/26/2025
- The Smartest Real Estate Dividend Stocks to Buy With $2,000 Right Now - Mitrade - 7/26/2025
- European Dividend Stocks To Consider In July 2025 - Yahoo Finance - 7/24/2025
- Duke Energy (DUK) Dividend Stock Analysis - 7/25/2025
- Chevron Corporation (CVX) Dividend Stock Analysis - 7/18/2025
- Emerson Electric Co. (EMR) Dividend Stock Analysis - 7/11/2025
- Amgen, Inc. (AMGN) Dividend Stock Analysis - 6/27/2025
- W.W. Grainger, Inc. (GWW) Dividend Stock Analysis - 6/20/2025
Wisconsin Energy's Dividend Growth Story
Posted by D4L | Friday, February 01, 2013 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.