Showing posts with label CTWS. Show all posts
Showing posts with label CTWS. Show all posts

Thursday, October 02, 2014

This Flashlight Runs on Water: Time for Water Stocks?

Would you believe that there is a flashlight that doesn't need batteries installed? As a matter of fact, this flashlight runs only on water. It is called the Eton BlackoutBuddy H20 The Always-Ready Water-Activated Emergency Light and it can stay lit for 72 hours straight, just by dipping it in a small cup of water. It can be stored for ten years and can even be used underwater. It is even environmentally conscious, as it does not contain mercury, hexavalent chromium, cadmium, or lead. The product is expected to be released shortly.


So if we have water powering our flashlights, will water soon be powering our cars? How about our homes? How about investing in water? Obviously, water is a very valuable commodity. We need it to drink, to wash, to grow our crops, to use in industrial applications, and numerous other uses. And the source of water for consumer and commercial use either comes from government water districts, private companies, or several publicly traded water utility stocks.

One example is Connecticut Water Service (CTWS) which serves over 120,000 customers in Connecticut and Maine. The stock trades at 17 times both trailing and forward earnings. For the latest quarter, earnings spiked by a huge 73.8% on a 12.9% revenue rise. The company, which is over half a century old, pays a healthy 3.1% yield.

Another example is The York Water Company (YORW), which has a trailing price to earnings ratio of 26 and a forward PE of 22. Earnings were up 17.7% for the latest quarter year-over-year on an increase of 9.6% in sales. The company is an old one, founded in 1816, and serves numerous municipalities in Pennsylvania. The stock pays a decent yield of 3.0%.

Several other water utilities are available to investors, such as American Water Works (AWK) which yields 2.6% and American States Water (AWR) paying 2.8%. The list of water utility stocks can be found at WallStreetNewsNetwork.com, which can be downloaded, sorted, and updated. Why not dip your toe into one of these companies. It may clench the thirst of your portfolio.

Disclosure: Author did not own any of the above at the time of publication and has no plans to do so in the next 72 hours.

By Stockerblog.com

Sunday, August 17, 2014

Spotlight on Recent Dividend Increasers

Income investors obviously like dividend stocks. But both income investors and growth investors like stocks that increase their dividends. When a company increases its payout rate, it shows that the financial outlook for the business is positive. If a company has a long term track record of increasing dividends, that's an additional positive sign.

One type of stock that I've never lost money on is a water company. And speaking of water companies, Connecticut Water Service, Inc. (CTWS) just announced that the company's dividend is being boosted by 4%. This is the 45th year in a row that that the company has had a dividend increase. Connecticut Water serves over 120,000 customers in Connecticut and Maine. The stock, which yields 3.0%, trades at 19 times trailing earnings and 17 times forward earnings. The latest quarterly earnings were up an incredible 73.8% year over year on a 12.9% rise in revenues.

Nordson Corporation (NDSN), which is in the business of making and marketing adhesives, coatings, and polymers, bumped up its dividend from 18 cents a share to 22 cents a share, a 22% increase. This is the 51st year of annual consecutive dividend increases, giving the stock a yield of about 1.0%. Quarterly earnings were up 13.4% on a 9.3% increase in revenues.

Other companies that have increased dividends in the last couple weeks are MGE Energy, Inc. (MGEE) which raised its dividend by 4%, and Weyerhaeuser (WY), which boosted its dividend by 32%,. It you like interesting stock lists like this, check out the lists at WallStreetNewsNetwork.com, most of which are free, including the list of stocks going ex-dividend.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Sunday, May 11, 2014

Some Californians May See Their Water Bills Triple: High Yield Water Utility Stocks

Because of the shortage of water in the state of California, almost two dozen water utilities in the state have implemented strict water rates, which may cause consumers to incur a water bill that could be two or three times normal. The use of water “budgeting” continues to increase by water utilities, where tiers are set based on the number of people in the family and other factors. There are a few publicly traded water utilities in California and several others throughout the United States, based on the list of high yield water utility stocks at WallStreetNewsNetwork.com.

One example is American States Water (AWR), founded in 1929, which is a distributor of water in 75 communities in California. It trades at 19 times both trailing and forward earnings and pays a CD beating yield of 2.8%.

Aqua America (WTR), which distributes water to customers in Pennsylvania, Texas, North Carolina, Ohio, Illinois, New Jersey, New York, Florida, Indiana, Virginia, Maine, and Georgia. The stock has a trailing price to earnings ratio of 20.2, a forward price to earnings ratio of 19.6, and yields 2.4%. The company has boosted  its dividend every year since 1988 and has had several stock splits during the last several years. 

Connecticut Water Service (CTWS) trades at 19 times current earnings and 18 times forward earnings. The company provides a yield of 3.1%. The company, which was founded in 1956, serves customers in over 50 towns in Connecticut.

For a free list of high yield water utility stocks, which can be downloaded, sorted, and added to, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.
 
By Stockerblog.com

Monday, August 19, 2013

Stocks that Have Recently Raised Their Dividends

The following stocks have recently increased their dividends. This is usually a sign that the company is doing well.

G&K Services (GK) raised its quarterly dividend by 38%

Intertape Polymer Group Inc. (TSX:ITP) doubled its dividend on an annualized basis.

Nordson Corp. (NDSN) raised the company's quarterly cash dividend 20%

Marathon Petroleum Corporation (MPC) just a a dividend which was 20% over the previous quarter.

ITC Holdings (ITC) increased the quarterly dividend by 1

Weyerhaeuser Company (WY) announced a 10% increase in its quarterly dividend.

MGE Energy, Inc. (MGEE) increased the regular quarterly dividend to $0.4076 per share

Connecticut Water Service, Inc. (CTWS) announced an annualized dividend increase of 2.1%

Group 1 Automotive, Inc. (GPI) declared a cash dividend increase of 6.3%

Cinemark Holdings, Inc. (CNK) announced a 19% increase in its quarterly dividend payout. If you like interesting lists like this, check out the many stock lists at WallStreetNewsNetwork.com, most of which are free.

Saturday, April 06, 2013

High Yield H2O Stocks


How many uses of water are there? Let me count the ways.
drinking
agricultural irrigation
washing
as a solvent
as a reactant
as a coolant
for heating
a neutron moderator
fire extinguishing fluid
food processing
cooking
etc., etc., etc.

Many investors have taken a flight to income stocks, blue chips, electric utilities, and natural gas utilities. But many forget the publicly traded monopolies of water utilities, which can provide income and growth potential. The majority of cities are served by government water districts; yet residents of some communities buy water through corporations that own the rights to water and are publicly traded. People don't stop drinking and using water, so there is little chance of these companies going out of business.

There are many dividend paying water companies that investors have available to them according to the free list of high yield water utility stocks at WallStreetNewsNetwork.com.

One example is Aqua America (WTR), which distributes water to customers in Pennsylvania, Texas, North Carolina, Ohio, Illinois, New Jersey, New York, Florida, Indiana, Virginia, Maine, and Georgia. The stock has a trailing price to earnings ratio of 22, a forward price to earnings ratio of 21, and yields 2.2%. The company has raised its dividends every year since 1988 and has had many stock splits during that time. Earnings for the latest quarter were up an incredible 95.7% on an 12.4% increase in revenues.

American States Water (AWR), founded in 1929, which is a distributor of water in 75 communities in California. It trades at 20 times forward earnings and pays a reasonable yield of 2.5%. During the summer, the company's dividends is up by 5% over last year. Earnings for the latest quarter were up outstanding, by 53.4%, with revenues rising 17%.

Connecticut Water Service (CTWS) trades at 18 times forward earnings and yields 3.1%. The company, which was founded in 1956, serves customers in 55 towns in Connecticut. The company raised its dividend by 2% last August.

For a free list of high yield water utility stocks, which can be downloaded, sorted, and added to, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com

Monday, December 31, 2012

Water Stocks are Floating on Profits and Dividends

Investors who are looking for growth along with income need look no further than water utilities. Although most communities are served by governmental water district entities, residents of some communities buy water through companies that own water rights and are publicly traded. The nicest feature about these companies is that they are semi-recession-proof in that people don't stop using water. And when the economy turns around and new homes are built and businesses grow, water consumption increases.
Fortunately, there are several of these companies that investors can choose from according to the free list of high yield water utility stocks at WallStreetNewsNetwork.com.
One example is American States Water (AWR), founded in 1929, which is a distributor of water in 75 communities in California. It trades at 17.7 times forward earnings and pays a decent yield of 3.0%. During the summer, the company raised its dividends by a substantial 26.7%. Earnings for the latest quarter were up significantly, by 19.6%, with revenues rising 11.5%.
Aqua America (WTR) distributes water to customers in Pennsylvania, Texas, North Carolina, Ohio, Illinois, New Jersey, New York, Florida, Indiana, Virginia, Maine, and Georgia. The stock has a forward price to earnings ratio of 21.0, and yields 2.8%. The company has raised its dividends every year since 1988 and has had many stock splits during that time. Earnings for the latest quarter were up an amazing 23.2% on an 12.3% increase in revenues.
Connecticut Water Service (CTWS) trades at 20.4 times forward earnings and yields 3.3%. Earnings were up an incredible 60% on a significant 18.6% boost in revenues. The company, which was founded in 1956, serves customers in 55 towns in Connecticut. The company raised its dividend by 2% in August.
For a free list of high yield water utility stocks, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com





Thursday, October 04, 2012

Would You Pay to Buy Tap Water on the Streets of New York?

Here's an innovative start-up business idea. Sell tap water on the streets of New York City. Of course the company providing this innovative product, the Molecule Project, dispenses the water through a very high quality filtering machine. Will this company give the water utilities a run for their money? Probably not, as these utilities have been doing very well, with many increasing their dividends over the last few months.

According to the free list of high yield water utility stocks at WallStreetNewsNetwork.com, American States Water (AWR), which was founded in 1929, distributes water in 75 communities in California. It trades at 17.7 times forward earnings and pays a decent yield of 3.2%. In August, the company boosted its dividends by an incredible 26.7%. Earnings for the latest quarter were down 5.5%, but revenues were up 4.1%.

Aqua America (WTR) distributes water to customers in Pennsylvania, Texas, North Carolina, Ohio, Illinois, New Jersey, New York, Florida, Indiana, Virginia, Maine, and Georgia. The stock has a forward price to earnings ratio of 20.9, and yields 2.7%. The company has raised its dividends every year since 1988 and has numerous stock splits during that time. Earnings for the latest quarter were up over 10% on an 11% increase in revenues.

Connecticut Water Service (CTWS) trades at 24 times earnings and yields 3.1%. Earnings were up a substantial 20% on a significant 23% boost in revenues. The company, which was founded in 1956, serves customers in 55 towns in Connecticut. The company recently raised its dividend by 2% in August.

For a free list of high yield water utility stocks, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Friday, August 17, 2012

Water Utility Dividends Rising Like Geysers

The water utility dividends are on a tear. American States Water (AWR) boosted its dividend by 27%. Aqua America (WTR) is raising its dividend by 6.1%. And Connecticut Water Service (CTWS) bumped up its dividend by 2.1%, the 43rd consecutive annual dividend for the company. Let's take a closer look at these companies.

According to the free list of high yield water utility stocks at WallStreetNewsNetwork.com, American States Water trades at 18 times earnings and yields 3.2%. Earnings for the latest quarter were down 5.5%, but revenues were up 4.1%. The company, which was founded in 1929, distributes water in 75 communities in California.

Aqua America distributes water to customers in Pennsylvania, Texas, North Carolina, Ohio, Illinois, New Jersey, New York, Florida, Indiana, Virginia, Maine, and Georgia. The stock has a price to earnings ratio of 23, and yields 2.6%. Earnings for the latest quarter were up over 10% on an 11% increase in revenues.

Connecticut Water Service trades at 24 times earnings and yields 3.1%. Earnings were up an amazing 20% on a 23% boost in revenues.

For a free list of high yield water utility stocks, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't onw any of the above at the time the article was written.

By Stockerblog.com