Monty Rakusen/DigitalVision via Getty Images This monthly article reports industry metrics in the utilities sector, aiming at a top-down analysis based on value, quality, and momentum. It may also help analyze sector ETFs such as the Utilities Select Sector SPDR ETF ( XLU ) and the Invesco S&P 500 Equal Weight Utilities ETF ( RSPU ), whose holdings are used to calculate these metrics. Shortcut The...
Monty Rakusen/DigitalVision via Getty Images This monthly article reports industry metrics in the utilities sector, aiming at a top-down analysis based on value, quality, and momentum. It may also help analyze sector ETFs such as the Utilities Select Sector SPDR ETF ( XLU ) and the Invesco S&P 500 Equal Weight Utilities ETF ( RSPU ), whose holdings are used to calculate these metrics. Shortcut The next two paragraphs in italics describe the dashboard methodology. They are necessary for new readers to understand the metrics. If you are used to this series or if you are short of time, you can skip them and go to the charts. Base Metrics I calculate the median value of five fundamental ratios for each industry: Earnings Yield ("EY"), Sales Yield ("SY"), Free Cash Flow Yield ("FY"), Return on Equity ("ROE"), and Gross Margin ("GM"). The reference universe includes large companies in the U.S. stock market. The five base metrics are calculated on trailing 12 months. For all of them, higher is better. EY, SY, and FY are medians of the inverse of Price/Earnings, Price/Sales and Price/Free Cash Flow. They are better for statistical studies than price-to-something ratios, which are unusable or unavailable when the "something" is close to zero or negative (for example, companies with negative earnings). I also look at two momentum metrics for each group: the median monthly return (RetM) and the median annual return (RetY). I prefer medians to averages because a median splits a set into a good half and a bad half. A capital-weighted average is skewed by extreme values and the largest companies. My metrics are designed for stock-picking rather than index investing. Value And Quality Scores I calculate historical baselines for all metrics. They are noted respectively as EYh, SYh, FYh, ROEh, and GMh, and they are calculated as the averages on a look-back period of 11 years. For example, the value of EYh for hardware in the table below is the 11-year average of the median Earnings ...
Looking at the universe of stocks we cover at Dividend Channel, on 4/17/26, Clough Global Opportunities Fund (Symbol: GLO) will trade ex-dividend, for its monthly dividend of $0.0537, payable on 4/30/26. As a percentage of GLO's recent stock price of $5.90, this dividend works
Looking at the universe of stocks we cover at Dividend Channel, on 4/17/26, Clough Global Opportunities Fund (Symbol: GLO) will trade ex-dividend, for its monthly dividend of $0.0537, payable on 4/30/26. As a percentage of GLO's recent stock price of $5.90, this dividend works
The "greying of America" is happening. By 2030, the entire baby boomer generation (born between 1946 and 1964) will be over 65. At that point, the number of seniors in America will reach a record 73 million. Plenty of healthcare stocks will benefit from this trend. One in particular is Intuitive Surgical (NASDAQ: ISRG) . This "silver tsunami" trend should help Intuitive remain a top growth stock ....
The "greying of America" is happening. By 2030, the entire baby boomer generation (born between 1946 and 1964) will be over 65. At that point, the number of seniors in America will reach a record 73 million. Plenty of healthcare stocks will benefit from this trend. One in particular is Intuitive Surgical (NASDAQ: ISRG) . This "silver tsunami" trend should help Intuitive remain a top growth stock . Here's how. Image source: Getty Images. Continue reading
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Horizon Technology Finance Corporation (Symbol: HRZN) will trade ex-dividend, for its monthly dividend of $0.06, payable on 5/15/26. As a percentage of HRZN's recent stock price of $4.80, this dividend
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Horizon Technology Finance Corporation (Symbol: HRZN) will trade ex-dividend, for its monthly dividend of $0.06, payable on 5/15/26. As a percentage of HRZN's recent stock price of $4.80, this dividend
Looking at the universe of stocks we cover at Dividend Channel, on 4/17/26, Luxfer Holdings plc (Symbol: LXFR) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 5/6/26. As a percentage of LXFR's recent stock price of $13.23, this dividend works out to appr
Looking at the universe of stocks we cover at Dividend Channel, on 4/17/26, Luxfer Holdings plc (Symbol: LXFR) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 5/6/26. As a percentage of LXFR's recent stock price of $13.23, this dividend works out to appr
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Gabelli Multimedia Trust (Symbol: GGT) will trade ex-dividend, for its monthly dividend of $0.07, payable on 4/23/26. As a percentage of GGT's recent stock price of $4.17, this dividend works out to app
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Gabelli Multimedia Trust (Symbol: GGT) will trade ex-dividend, for its monthly dividend of $0.07, payable on 4/23/26. As a percentage of GGT's recent stock price of $4.17, this dividend works out to app
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Quaker Houghton (Symbol: KWR) will trade ex-dividend, for its quarterly dividend of $0.508, payable on 4/30/26. As a percentage of KWR's recent stock price of $127.21, this dividend works out to approxi
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Quaker Houghton (Symbol: KWR) will trade ex-dividend, for its quarterly dividend of $0.508, payable on 4/30/26. As a percentage of KWR's recent stock price of $127.21, this dividend works out to approxi
Looking at the universe of stocks we cover at Dividend Channel, on 4/17/26, Pathfinder Bancorp Inc. (Symbol: PBHC) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 5/8/26. As a percentage of PBHC's recent stock price of $13.57, this dividend works out to
Looking at the universe of stocks we cover at Dividend Channel, on 4/17/26, Pathfinder Bancorp Inc. (Symbol: PBHC) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 5/8/26. As a percentage of PBHC's recent stock price of $13.57, this dividend works out to
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Pearl Diver Credit Company Inc (Symbol: PDCC) will trade ex-dividend, for its monthly dividend of $0.22, payable on 4/30/26. As a percentage of PDCC's recent stock price of $11.11, this dividend works o
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Pearl Diver Credit Company Inc (Symbol: PDCC) will trade ex-dividend, for its monthly dividend of $0.22, payable on 4/30/26. As a percentage of PDCC's recent stock price of $11.11, this dividend works o
Looking at the universe of stocks we cover at Dividend Channel, on 4/17/26, RGC Resources, Inc. (Symbol: RGCO) will trade ex-dividend, for its quarterly dividend of $0.2175, payable on 5/1/26. As a percentage of RGCO's recent stock price of $22.78, this dividend works out to ap
Looking at the universe of stocks we cover at Dividend Channel, on 4/17/26, RGC Resources, Inc. (Symbol: RGCO) will trade ex-dividend, for its quarterly dividend of $0.2175, payable on 5/1/26. As a percentage of RGCO's recent stock price of $22.78, this dividend works out to ap
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Angel Oak Financial Strategies Income Term Trust C (Symbol: FINS) will trade ex-dividend, for its monthly dividend of $0.115, payable on 4/30/26. As a percentage of FINS's recent stock price of $12.89,
Looking at the universe of stocks we cover at Dividend Channel, on 4/16/26, Angel Oak Financial Strategies Income Term Trust C (Symbol: FINS) will trade ex-dividend, for its monthly dividend of $0.115, payable on 4/30/26. As a percentage of FINS's recent stock price of $12.89,
Justin Paget Chinese officials have held initial talks with solar panel equipment manufacturers, as the government considers limiting exports of the industry's most advanced technology to the U.S., Reuters reported Wednesday. China, which is estimated to make more than 80% of the world's solar panel components, is home to the top 10 suppliers of equipment to make solar cells. If adopted, such a m...
Justin Paget Chinese officials have held initial talks with solar panel equipment manufacturers, as the government considers limiting exports of the industry's most advanced technology to the U.S., Reuters reported Wednesday. China, which is estimated to make more than 80% of the world's solar panel components, is home to the top 10 suppliers of equipment to make solar cells. If adopted, such a move could threaten plans by U.S. firms to build new factories or expand existing plants in efforts to boost local production, and widen export controls in another area of technology where China has a lead, building on its efforts to control rare earth exports. Analysts who track China's solar industry have braced for export controls, in part because concern is growing over efforts by Tesla's ( TSLA ) Elon Musk and others to boost solar panel production in the U.S., reducing reliance on China. Tesla ( TSLA ) "succeeding in its solar self-sufficiency push could prove a nightmare for China's world-leading solar manufacturers," research firm Trivium China said in a note earlier this month. "Beijing won't sit idly by as its industrial champions inadvertently aid the industrial policies of rival countries." Potentially relevant solar stocks include First Solar ( FSLR ), Enphase Energy ( ENPH ), SolarEdge Technologies ( SEDG ), Array Technologies ( ARRY ), Shoals Technologies ( SHLS ), Sunrun ( RUN ), JinkoSolar ( JKS ), Canadian Solar ( CSIQ ), Daqo New Energy ( DQ ). ETF: ( TAN ) More on Tesla and Invesco Solar ETF Tesla's Deliveries Reinforce How It Has Further To Decline Tesla: Don't Worry About Inventory (Rating Upgrade) TAN: Solar Stocks Keep Shining