BKH / Black Hills Corporation: Buy Before Interest Rates Start Declining

Black Hills Corporation (NYSE:BKH ) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Jerome Nichols - Director, IR L more_horizontal

Long-term interest rates are soaring at their fastest rate in a quarter century. Rate-sensitive sectors are crashing like during the pandemic. Utiliti more_horizontal

Mega-cap tech titans have been reaping economic rewards of 2023 while leaving most of the rest of the market behind. While a few growth firms see thei more_horizontal

Black Hills Corp. is currently trading at its 52-week low, making it an attractive option for value investors. It has a strong dividend track record, more_horizontal

When times get tough, investors turn to dividend stocks, particularly Dividend Kings. Rising prices, elevated energy costs, and slowing economic growt more_horizontal

Utilities sector has negative return and is worst-performing in 2023 due to rising interest rates. Steep share price declines have led to utilities tr more_horizontal

Procter & Gamble has increased its dividend for 67 consecutive years. Federal Realty has hiked its annual payment for 56 years in a row. more_horizontal

NextEra is a large U.S. utility that combines regulated assets with a large renewable power operation. Black Hills is a small traditional regulated ut more_horizontal