WTRG - Essential Utilities: A Dividend Growth Play Offering Adequate Future Returns
Dividend growth investing is arguably one of the best ways investors can grow their wealth, and eventually, retire on. The utility sector, in particular, usually displays above-average yields, with many companies offering slow but reliable dividend growth opportunities, as they enjoy stable and less volatile cash flows compared to other industries.
Around a month ago, we covered California Water Service (CWT), whose 52-year dividend growth record is a testament to the resiliency and long-term capital returns utility companies, especially those involved in providing water, can achieve. However, as we discussed in that article,