MGEE

ICYMI — Shocking?!?! Utility Dividends Aren’t Always Safe

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There is plenty to like about the business models of utilities. Regulated utilities, for one, are monopolies in their operating regions, providing an essential service to businesses and customers. This, coupled with the fact that the returns of regulated utilities are set by a regulatory body within a defined ratemaking process, causes the sector to be full of operators that boast steadily-growing earnings that appear to be materially dependable. As we note in this article, however, a surprisingly large number of utilities in our coverage universe have cut their dividends in the past. Are the dividends of utilities as safe as many make them out to be? Let’s dig in. By Valuentum Analysts We frequently receive questions as to why … Read more

Why Natural Gas Prices are So Low and Will Likely Remain So for Some Time

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Stock Market Outlook for 2021

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By Valuentum Analysts February 8, 2021 2020 was one for the history books. We covered our thoughts and reflections on the past year in our “2020 Won’t Soon Be Forgotten” article (link here), and now we are looking towards the future. Global health authorities should be able to bring an end to the ongoing coronavirus (‘COVID-19’) pandemic sooner than many had expected as several vaccines have already been improved for emergency use and several others appear increasingly likely to get approved. Global vaccine distribution activities are currently underway, and this should allow the world to slowly return to pre-pandemic activities. Before then, immense stimulus measures launched primarily in developed nations should support global economic activities until the public health crisis … Read more

Dividend Increases/Decreases for the Week of August 23

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Below we provide a list of firms that raised their dividends during the week ending August 23. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week                          Addtech AB (publ.) (ADDHY): now $0.1345 per share annual dividend, was $0.0833. Advanced Info Service Public Ltd. ADR (AVIFY): now $0.1093 per share semi-annual dividend, was $0.1025. Alpine Income Property Trust (PINE): now $0.280 per share quarterly dividend, was $0.275. Altria (MO): now $1.02 per share quarterly dividend, was $0.98. Anglo American Platinum (ANGPY): now $0.0618 per share semi-annual dividend, was $0.0572. Amotiv Limited … Read more

We Continue to Be Big Fans of Ameresco

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Update: We first covered Ameresco in detail through an article published back in August 2020 (link here) and followed up on that work in a subsequent article published in November 2020 (link here) and provided a brief update on the firm in a piece published in January 2021 (link here). Shares of AMRC have more than doubled since we published our first article covering the name as of mid August 2021, and we think there is ample room for additional capital appreciation upside.  Image Source: Ameresco Inc – August 2021 IR Presentation By Callum Turcan Ameresco Inc (AMRC) provides its customers with an expansive slate of clean energy and energy efficiency solutions ranging from upgrades to energy infrastructure (e.g., battery storage, … Read more

Update: Frequently Asked Questions About Valuentum Securities, Inc.

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What is Valuentum Securities? Valuentum (val∙u∙n∙tum) [val-yoo-en-tuh-m] Securities Inc. is an independent investment research publisher, offering premium equity reports and dividend reports, as well as commentary across all sectors/companies, a Best Ideas Newsletter (spanning market caps, asset classes), a Dividend Growth Newsletter, modeling tools/products, and more. Independence and integrity remain our core, and we strive to be a champion of the investor. Valuentum is based in the Chicagoland area. Valuentum is not a money manager, broker, or financial advisor. Valuentum is a publisher of financial information. How do I subscribe to Valuentum’s investment research services? 1)    Click the following link: signup-page. 2)    Select your membership plan. 3)    Enter your contact details. 4)    Click ‘Sign Up.’ 5)    Complete your purchase. 6)   Your payment profile may be recurring, so please check … Read more

NextEra Energy’s Promising Earnings Growth Outlook Underpins Dividend Growth Trajectory

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Image Source: NextEra Energy Inc – Third Quarter of 2021 IR Earnings Presentation By Callum Turcan On October 20, the electric utility firm NextEra Energy Inc (NEE) reported third quarter 2021 earnings that missed consensus top-line estimates but beat consensus bottom-line estimates. The company reaffirmed its medium-term guidance in conjunction with its earnings report. We include shares of NEE in the ESG Newsletter portfolio and continue to be huge fans of the name. NextEra Energy’s capital appreciation and dividend growth upside potential is quite substantial. Our fair value estimate for shares of NEE stands at $102 per share with room for upside, as the top end of our fair value estimate range sits at $124 per share of NextEra Energy. … Read more

How to Think About Corporate Tax Reform

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