A gem we are investing in the electricity utility sector
The only company in the electricity sector outside of Europe to be part of the Dow Jones Sustainability Index
We are always looking for equities of companies that meet our qualification criteria, dividend-paying and helping society and the environment at the same time.
Here is one we have researched and identified as meeting our criteria, a few of its metrics are, as of September 13, 2024:
Dividend yield of 9.14% according to investing.com and 15.21% TTM according to Interactive Brokers.
Price to Book = 1.25 (relatively low)
Free Cash Flow = Positive USD 618 Million
Total Debt/Total Assets = 18.66% (relatively low)
Shares Outstanding stable over past five years (stable)
Let’s delve a bit more into this gem …