If you are gpoing to buy that many utes, just buy an etf and save the transaction costs. FWIW I own XLU.
Goldman? Why Goldman?
"what cash flows have increased to justify both GE and SYF to trade at north of $30? "
Perhaps the fact that they SOLD SYF in an IPO. If I recall correctly, GE pulled in about $3 Billion on that transaction. 125 million shs. @ $23/sh. IIRC???
as of 09/01/2015 It's looking like a dist of $6.81.
Cap. Gain of $6.07, Income of $0.74.
Close to 11% as of today's NAV of $61.68.
no offense gekko, but you don't get it.