ATO - Regulated Utilities: The Market's Legal 'Monopoly'
Utilities have long been considered one of the favorite sectors of dividend growth investors. Their stable and consistent growth along with higher dividend yields led to them receiving the nickname “widow and orphan” stocks due their prevalence in conservative income portfolios.
When I began investing in individual stocks in 2005, those types of stocks were far off my radar, as I was more focused on the latest and greatest “story” stocks that the market had to offer. However, the massive volatility of the financial crisis, and lack of an organized personal investment plan