Utilities: Starting to Look Attractive After a Woeful 2015 Start
Utilities' 4% dividend yields still look attractive even with the chance for rising interest rates.
After nearly 18 months of waiting, it's finally time to take a look at utilities again. The sector's swoon since January has created a long-awaited opportunity for income investors. Several high-quality utilities with long histories of growing dividends, strong balance sheets, and attractive growth prospects now trade well within buying range based on our fair value estimates.
Travis Miller does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.