|Bid||84.31 x 200|
|Ask||84.32 x 900|
|Day's Range||83.91 - 84.73|
|52 Week Range||72.34 - 87.75|
|PE Ratio (TTM)||26.82|
|Dividend & Yield||3.42 (3.99%)|
|1y Target Est||N/A|
A radically altered — and largely anti-renewable energy — version of a bill to reform the state’s solar regulations passed the N.C. Senate Wednesday night. One of the biggest differences in the bill is a four-year moratorium on new permits for wind power projects in the state, introduced by a small group of senators during deliberations in the Senate Finance Committee. Sen. Harry Brown (R-Onslow) championed the wind moratorium, contending that developing wind projects in eastern North Carolina could threaten the future of the Seymour Johnson Air Force Base and the Cherry Point Marine Air Base.
Southern Company has been paying increasing dividends for the last 16 consecutive years, while Duke Energy increased its dividends in the last 11 years.
Duke Energy and Southern Company are trading at dividend yields of 4.0% and 4.7%. The Utilities Select Sector SPDR (XLU) offers a yield of ~4.0%.