52.37 -0.02 (-0.04%)
After hours: 4:12PM EDT
|Bid||52.23 x 800|
|Ask||57.55 x 800|
|Day's Range||52.11 - 53.21|
|52 Week Range||49.61 - 59.31|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||24.07|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||1.20 (2.33%)|
|1y Target Est||59.60|
There's a lot on investor's plates these days. Issues with trade, lower economic data and the inverted yield curve are just a few of the problems everyone is facing today. As a result, many investors, especially older investors near or in retirement, have started think about portfolio security. Thankfully, utility stocks satisfy this growing need for safety … you just need to know the right ones to pick.For one thing, utility stocks generally feature stable earnings. Consumers need to heat their homes and keep the power on no matter what the economy is doing. Because of this, many utility stocks pay some hefty dividends. And those dividends can help lower volatility, reduce losses and provide a guaranteed return for investors.But not all utility stocks are cut from the same cloth.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere have been some dividend blow-ups in the sector, as a few have become over-leveraged and focused on the wrong operating areas. That means investors must choose to buy utility stocks with long dividend histories -- through thick and thin -- to get the perceived safety of the sector. * 10 Smart Dividend Stocks for the Rest of the Year With that in mind, here are three utility stocks with years of dividend growth behind them. UGI Corp (UGI)Source: Mike Mozart via Flickr (Modified)Dividend Yield: 2.28%When it comes to utility stocks, the sector owes a few thanks to UGI Corporation (NYSE:UGI). The firm was the first to adopt the now commonplace utility holding company model. That is, holding a series of regulated assets -- like power generation and transmission lines -- to provide cash flows for investment in non-regulated ones. And as the "O.G." in that regard, UGI has become the master at it.For starters, UGI owns plenty of boring electric and gas operations in the Northeast. These utility holdings churn out plenty of steady cash flows for the utility. The trick is that UGI has smartly used these holdings to build-out an impressive system of tangential assets that provide much bigger profit potential. This includes natural gas pipelines and a global distribution network for liquefied petroleum gas (LPG). More recently, the firm simplified that structure by buying out all the units of its propane MLP AmeriGas (NYSE:APU).This wide-ranging asset base has been stellar for UGI's bottom line. Last year was one of the firm's best fiscal years ever and last quarter continued that growth. Because of the continued success of its holding company model, UGI has been able to pay a dividend for the last 135 years. Moreover, it has been able to raise its dividend for the last 32 years straight. The last increase was a whooping 15.4% jump.All in all, for investors looking at utility stocks, UGI needs to be at the top of your list. American Electric Power (AEP)Source: Riccardo Annandale Via UnsplashDividend Yield: 3.01%For utility stocks, size matters. A huge operating base means plenty of customers paying for service and that results in a stable base of cash for dividends to be paid out from. That is exactly what mega-utility American Electric Power (NYSE:AEP) does in spades.AEP is one of the largest electric companies in the entire country. The firm's 26,000 megawatts worth of generation capacity serves more than 11 states and 5.4 million customers. That's a lot of utility bills to pay. And it's that fact that keeps the lights on at AEP. Last year, American Electric managed to pull in more than $16 billion in revenues from its widespread operations.These revenues have continued to translate into solid earnings-per-share growth and dividend payments. AEP has paid a dividend since its founding in 1910 and since 2003, the utility stock has managed to increase its payout by 91%.The best part is, the dividends could keep growing. * 7 Stocks to Buy for the Coming Recession The problem for AEP has long been its reliance on coal. It's an old utility. But thanks to recent regulatory moves by the Trump Administration, AEP has more time to decommission and add new capacity to its umbrella. This will help prevent the firm from spending big to fix the problem instantly. That means there will be plenty of cash leftover for dividends. American Water Works Company (AWK)Source: Shutterstock Dividend Yield: 1.73%Often, investors will flock to electric or gas distributors when focusing on utility stocks. However, for long-term dividends, the water sector can't be beaten. Many of the top water utility stocks have been paying dividends since the 1800's. This includes American Water Works Company (NYSE:AWK).But AWK isn't like most water utilities. It's the water utility. The firm is the largest water utility providing clean water and wastewater services to more than 15 million people across 46 states and Canada. None of its rivals can match that size and scope. Because of this, AWK has been an earnings and dividend machine, especially over the last few years. Since 2014, EPS have grown at a compounded annual rate of 8.3%, while dividends have increased by over 10% annually.The best part is that American Water has a plan to boost that further.Given how essential it is for life, water utilities are some of the most regulated. However, AWK is undergoing a big spending spree to modernized and upgrade its grid. That spending is exactly what regulators like to see before granting an increase in rates. And given a lot of that spending is on tech upgrades to reduce waste, margins should be quite nice for AWK.That'll help turn its 1.75% yield into something greater.At the time of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post 3 Utility Stocks With Years of Dividend Growth appeared first on InvestorPlace.
UGI Corporation’s president and chief executive officer, John Walsh, and UGI Utilities, Inc.’s president and chief executive officer, Robert Beard, will speak to the investment community at the American Gas Association Financial Forum in Fort Lauderdale, Florida at 1:00 PM EDT on Wednesday, May 22.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
On a per-share basis, the King Of Prussia, Pennsylvania-based company said it had profit of $1.38. Earnings, adjusted for non-recurring costs, came to $1.43 per share. The results fell short of Wall Street ...
The Board of Directors of UGI Corporation has declared a quarterly dividend of $0.30 per share on the company’s common stock representing a 15.4% increase. The dividend is payable July 1, 2019 to shareholders of record as of June 14, 2019.
UGI (UGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WILMINGTON, Del., April 26, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: AmeriGas Partners, L.P. (NYSE: APU) regarding possible breaches of fiduciary.
John Walsh became the CEO of UGI Corporation (NYSE:UGI) in 2013. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we will consider t...
NEW YORK , April 12, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of AmeriGas Partners Inc. ("APU" ...
UGI Corporation will announce the results of its second fiscal quarter after the market closes on May 6. The company will hold a live internet audio webcast of its conference call to discuss results and other current activities at 9:00 AM EDT on Tuesday, May 7.
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in fourth quarter, blaming macroeconomic conditions and unpredictable events that hit several sectors, with technology among them. Nevertheless, most investors decided to stick to their bullish theses and their long-term focus allows us to profit from the recent […]
NEW YORK, April 02, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of AmeriGas Partners, L.P. (NYSE: APU) on behalf of.
The company now expects a full-year profit of $2.40-$2.60 per share, compared with its previous forecast of $2.75-$2.95. In the AmeriGas deal, shareholders will receive 0.50 shares of UGI in addition to $7.63 in cash for each share owned, the companies said in a statement. The offer represents a premium of 13.5 percent to AmeriGas's Monday closing price.
NEW YORK , April 2, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against AmeriGas Partners, L.P. (NYSE: APU) and its board of directors for breach of fiduciary duty concerning ...
AmeriGas Partners news about a deal with UGI (NYSE:UGI) has APU stock heading higher on Tuesday.Source: Mike Mozart via Flickr (Modified)AmeriGas Partners (NYSE:APU) announced today that it has entered into a deal with UGI that will have it merging with the company. This will have UGI acquiring all 69.20 million publicly held shares of APU that it doesn't already hold.The AmeriGas Partners news includes UGI making an offer that includes a mix of its own shares and cash for APU stock. This will have offering .50 shares of UGI stock and $7.63 in cash for each share of APU stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe offer from UGI for shares of APU stock represent a 13.5% premium to its closing price on Monday. It is also a $21.9% premium over the 30-day volume weighted average price for the stock.If all goes well with the deal, then AmeriGas Partners will become a wholly-owned subsidiary of UGI. It's also worth noting that UGI already has a 26% stake in the company. * 15 Stocks to Buy Leading the Financial Charge "After conducting a comprehensive review of strategic alternatives, both the AmeriGas and UGI Boards determined that a merger of AmeriGas was the most compelling next step in our development," Hugh Gallagher, President and CEO of AmeriGas Partners, said in a statement. "The transaction with UGI supports a strong and stable AmeriGas and empowers a focus on growth opportunities."The AmeriGas Partners news release states that the companies are expecting the deal to close in the fourth quarter of 2019.APU stock was up 11% and UGI stock was down 6% as of Tuesday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks From Around the World That Beat U.S. Stocks * 7 Breakout Stocks to Watch in 2019 * 5 Cheap Small-Cap Stocks to Buy As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post AmeriGas Partners News: APU Stock Shoots Higher on UGI Deal appeared first on InvestorPlace.