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WEC Energy: A Rare Combo Of Value And Dividend Growth
WECWEC Energy(WEC) Seeking Alpha·2024-08-01 22:54

DiyanaDimitrova/iStock via Getty Images Utilities are known for being shareholder-friendly, offering consistent dividends and high yields. Twenty-five utility companies in the U.S. have increased their distributions annually for two decades or longer, with five designated as "dividend aristocrats" for maintaining streaks of at least fifty years. While rarely the market leader, the sector has performed well in 2024, ranking fourth among the eleven after lagging for much of last year. However, many utilities ...