3 “Electric” Dividends Set to Soar in ’24 (They’re Cheap Now)

I know it’s only August, but I’m ready to make my first “dividend prediction” for 2024: utilities—especially growth utilities— will surge. That means now is the time to dust off our parents’ playbook and grab these rock-steady payers before the mainstream crowd comes around. When they do, it’ll be goodbye NVIDIA (NVDA) and hello Consolidated Edison (ED)— one of the three stocks we’ll discuss below. The Coming “Rate Rollover” Just Got Moved Up We’re bullish on utilities now because this economy is bogging out. We got more proof of that last week, with China posting an anemic 0.8% growth rate in Q2.… Read more