The Public Service Enterprise Group (NYSE:PEG) is a company committed to transitioning to renewable energy and to becoming a primarily regulated utility. This should enable it to maintain its lengthy dividend streak - it has paid dividends
Public Service Enterprise Group: More Renewable, More Income To Come
Summary
- The Public Service Enterprise Group is transitioning into renewable energy and making great strides in doing so.
- It has rewarded shareholders with dividends for 114 years, and is poised to continue doing so.
- It currently trades at a 7% discount to fair value.
Buy and hold, common stock investor focused on dividends and on value. Interested in various stocks that are suitable for long-term dividend investment. A Buffett admirer, but not a Buffett cultist, and not quite as creepy as my name implies - though certainly cash-centered!
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