Reported about 2 months ago
In a market that has reached historic highs, the author discusses the merits of owning Black Hills, a smaller utility company with a remarkable track record of 54 consecutive years of dividend increases. Black Hills serves around 1.3 million customers across several states, benefiting from a regulated monopoly that offers stability in uncertain times. With a strong capital investment plan and a promising growth trajectory, Black Hills provides a solid 4.5% dividend yield, making it an attractive choice for conservative investors looking for long-term reliability.
Source: YAHOO