Westar Energy: A Solid Company With A Generous Dividend - Selling At A Discount
- Westar recently announced its 2013 full year financial statements.
- Westar beat analysts estimates for growth in 2013, continued its steady performance, and raised its dividend.
- Using earning and dividend discount models, I calculate that WR is selling at an 11% to 16% discount to its intrinsic value.
- Westar's EPA issues should be coming to a close in the near future, and it may be entering a sweet spot with lower capital expenses and higher revenues.