Utility companies have long been a haven for income investors. Utility companies have very predictable revenue streams, and the business thrives in virtually all economic conditions. Black Hills Corporation (NYSE:BKH) is an example of stability
Black Hills Corporation: A Dividend King On Sale
Summary
- Black Hills Corporation is relatively unknown, but this utility company is a newly crowned "Dividend King."
- While the stock took a major hit during COVID, Black Hills has continued to operate at a high level.
- Offering a solid dividend, reliable growth, and a reasonable valuation, Black Hills is an interesting opportunity for conservative investors.
Using fundamental analysis and common sense, I provide straightforward insights on stocks and markets. - Bachelor's degree in Business Administration with a concentration in Financial Analysis. Been investing and following the markets for more than a decade.- Wealth Insights is an investor and investment author. His content is not geared to anyone's investment goals, time horizons, or risk tolerance. Content is for illustrative purposes only and is not intended to displace advice from a fee-based financial adviser. It is not to be taken as investment advice or influence investor decision-making. The accuracy of data is not guaranteed.
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