ELEZF - Endesa Offers Expanded Dividend Yield Due To Markets Eschewing Nuclear
By Felipe Bijit
Utilities continue to be a supremely interesting sector. It offers opportunities in diverse exposures across power technologies and geographies, all providing similar resilience to impacts that would result from another set of coronavirus-related lockdowns. This resilience can be a consequence of consumer offsets to reduced commercial activity, with stay-at-home orders shifting power consumption to homes, or it can come from guaranteed remuneration schemes from governments in regulated utilities.
Benefiting from both of these resilience vectors, we have Enel (ENLAY), which on top of low operating volatility provides ample value for investors interested