ENGGF - Your Retirement Portfolio Could Benefit From Enagas's 9.3% Yield And Its 17 Years Of Consecutive Dividend Increases
Despite the past year's worrying volatility, the markets have recovered hitting new all-time-highs. The S&P 500 index crossed the 3,000-point level in July as investors are confident of an upcoming rate cut by the Fed. Holding growth stocks this past month has been a blast. However, the U.S market rally has drifted value stocks to unattractive valuations too.
Retiree investors, who are looking to purchase dividend-paying stocks or add to their positions, may find the current market landscape pretty expensive. Utility stocks, which often make the right choice for retirement portfolios, look particularly pricey by