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Finance
Nobody Is Talking About This Dividend King Stock. Here's Why It's a Screaming Buy Right Now.
This Dividend King has an above-average yield and a growth-oriented merger in the works.
Electricity is in high demand right now, as the world increasingly shifts toward cleaner power sources and new power-hungry technologies take center stage. The numbers are quite shocking. Between 2005 and 2025, electricity demand rose 10%. Between 2025 and 2045, demand is expected to rise by 60%.
That's a step change in the demand that is likely to power years of growth for the utility industry. Big utilities, like NextEra Energy(NYSE: NEE), are getting a lot of attention. But don't overlook smaller players like high-yield Dividend King Black Hills(NYSE: BKH).
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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