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The index was created in 1929 when all utility stocks were removed from the Dow Jones Industrial Average. On April 20, 1965, the index closed at 163.32. On September 13, 1974, the index closed at 57.93.
Water utility American Water Works rose 3.1%, for example. All told, the S&P 500 fell 104.39 points to 6,013.13. The Dow Jones Industrial Average dropped 748.63 to 43,428.02, and the Nasdaq ...
However, the average utility yields around 3%, using the Utilities Select Sector SPDR ETF (NYSEMKT: XLU) as an industry proxy, so Black Hills also looks cheap relative to its peers.
The Dow Jones Composite Average is the stock market index composed of 65 prominent companies traded on both exchanges, maintained and tracked by S&P Dow Jones Indices.The average's components include every stock from the Dow Jones Industrial Average (30 components), the Dow Jones Transportation Average (20), and the Dow Jones Utility Average (15).
The dividend yield is currently around 5.4% today, but the dividend isn't going to grow until the payout ratio is in line with the industry average, which will probably take a few years.
This is the category for the 15 current components of the Dow Jones Utility Average. Companies formerly included in the DJUA are categorized in the category "Former components of the Dow Jones Utility Average."
US stocks traded mostly lower on Monday, retreating from last week's record highs. While the Nasdaq 100 rose slightly, the Dow Jones Industrial Average declined by nearly 350 points.
For example, the dividend yield today is 2.6%. That's slightly below the industry average, but if you're a dividend growth investor, you probably won't mind. 3. Eversource Energy looks cheap right now
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