Overlooked Utility Stock Offers a Big Payout
In today’s market, the biggest challenge for conservative
income investors is finding high-yield stocks with safe payouts. If you go with
the most established blue-chip companies, chances are that the yield won’t be
enough to meet your income requirements.
As a matter of fact, the average S&P 500 company pays
just 1.8% at the moment. In other words, if you invest $100,000 in an S&P
500 portfolio, you would be collecting just $1,800 in dividends a year.
And that, my dear reader, is why I want to talk to you about
PPL Corp (NYSE:PPL) stock.
Unless you are a direct customer of PPL Corp, this is
probably the first time you’ve heard its name. Indeed, as a utility company,
PPL Corp’s “boring” business never really makes headlines in the financial
media.
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