The Laclede Group, Inc. (NYSE:LG)
CAPS Rating:
The Company is a public utility holding company that provides reliable natural gas service through its regulated core utility operations while engaging in non-regulated activities that provide sustainable growth.
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Raised dividend ($1.58 yearly, 5.00% yield @ $31.60). Low debt and payout ratio...good ROE (so-so profit margin). Will only outperform if the S&P 500 has a big correction...but LG is for the slow and steady dividend / value players. Natural gas exposure plus dividend/diversification safety...dig in!