AQN - Black Hills: Dividend Aristocrat Value You Shouldn't Overlook
2024-01-31 08:05:00 ET
Summary
- Dividend Aristocrat Black Hills Corp. has seen a 27% decline over the past year, presenting a value opportunity for income investors.
- The company has a strong track record of dividend growth, with 81 consecutive years of paying a dividend and 53 consecutive years of raising it.
- Black Hills Corp. has a strong balance sheet, reliable electric utilities, and potential for long-term growth, making it an appealing investment for income and value.
Utility stocks haven't been crowd favorites over the past 12+ months, as higher interest rates and the tech rally have turned sentiment against this perceived slower-growth sector along with REITs and consumer staples....
Black Hills: Dividend Aristocrat Value You Shouldn't Overlook