Take a look at Con Ed

BUM · 07-23-2007, 07:03 AM

After that steam pipe explosion in Manhattan I took a look at ED. Near 1 year low and a 5% divvy.

If ED didn't cause the explosion, the city will have to foot the bill to repair the damage. I think NYC owns those pipes.

terminator · 07-23-2007, 08:05 AM

I keep ED on a tracking list with some other high yielding stocks, but its earnings and dividends (and share price) have basically been flat for 10 years now, so if you buy it there's a good chance you're getting your 5% yield and little else. The dividend doesn't even keep up with inflation.

Utilities would be great investments if they didn't have to get government approval for price increases and weren't so capital intensive. I keep looking at them but I haven't found one I like yet -- so much debt and regulation. The few that are growing (that I have looked at anyway) sport anemic yields and trade at rich valuations.

Mavourneen · 07-31-2007, 04:06 AM

I bought the stock in March of 2003. My annualized total return, according to Quicken, is 8.8% as of yesterday's close.

unclemick · 08-03-2007, 07:02 AM

I'd have to yank the paperwork out of my last DRIP file cabinet - owned Con Ed since sometime in the 90's.

heh heh heh - yawn!

nvestysly · 08-12-2007, 07:06 PM

Utilities... Did somebody say utilities? We love utilities and will continue to buy more. Old fashioned? Yes. Boring? Yes. Dividends? YES! Love those dividends!

We have Con Ed and will buy more when we have some extra cash.

07-23-2007, 07:03 AM	#1
BUM Thinks s/he gets paid by the post Join Date: Feb 2004 Posts: 1,556	Take a look at Con Ed After that steam pipe explosion in Manhattan I took a look at ED. Near 1 year low and a 5% divvy. If ED didn't cause the explosion, the city will have to foot the bill to repair the damage. I think NYC owns those pipes. __________________ In a panamax down by the river.

08-12-2007, 07:06 PM	#5
nvestysly Dryer sheet wannabe Join Date: Feb 2007 Location: metro Atlanta Posts: 12	ED is Our Friend Utilities... Did somebody say utilities? We love utilities and will continue to buy more. Old fashioned? Yes. Boring? Yes. Dividends? YES! Love those dividends! We have Con Ed and will buy more when we have some extra cash. __________________ Dreamin' of Streamin'

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07-23-2007, 08:05 AM	#2
terminator Recycles dryer sheets Join Date: May 2006 Posts: 221	I keep ED on a tracking list with some other high yielding stocks, but its earnings and dividends (and share price) have basically been flat for 10 years now, so if you buy it there's a good chance you're getting your 5% yield and little else. The dividend doesn't even keep up with inflation. Utilities would be great investments if they didn't have to get government approval for price increases and weren't so capital intensive. I keep looking at them but I haven't found one I like yet -- so much debt and regulation. The few that are growing (that I have looked at anyway) sport anemic yields and trade at rich valuations.

07-31-2007, 04:06 AM	#3
Mavourneen Dryer sheet wannabe Join Date: Jul 2007 Posts: 11	I bought the stock in March of 2003. My annualized total return, according to Quicken, is 8.8% as of yesterday's close.

08-03-2007, 07:02 AM	#4
unclemick Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Jul 2003 Location: north of Kansas City Posts: 5,647	I'd have to yank the paperwork out of my last DRIP file cabinet - owned Con Ed since sometime in the 90's. heh heh heh - yawn!

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