The bonus is the 4% dividend the ETF is currently paying.
Some other utility stocks having a good year include
- Southern Company ($SO)
- American Electric Power ($AEP)
- Consolidated Edison ($ED)
- Nisource ($NI)
- Nicor ($GAS)
Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
Wednesday, October 19, 2011
Utility Stocks Hitting New Highs
The SPDR Utilities ETF ($XLU) is on pace to close at the best level in 3 years if it holds its early gains. The ETF is up 10% year-to-date and has been as steady as any of the sector ETFs.
The bonus is the 4% dividend the ETF is currently paying.
Some other utility stocks having a good year include
The bonus is the 4% dividend the ETF is currently paying.
Some other utility stocks having a good year include
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