3 Water Stocks to Buy for Income
Water stocks are attractive to income investors. American Water Works ( AWK ): American Water Works has a significant scale advantage. California Water Service Group ( CWT ): California Water Service Group is one of the three largest water utilities in the U.S. SJW Group ( SJW ): SJW Group engages in a full suite of water services. Source: Alina Kruk|Shutterstock.com Water stocks possess all the qualities one would wish for when it comes to long-term dividend growth. Investors seeking long-term, secure dividend growth would do well to carefully select sectors of the market before picking individual stocks to ultimately purchase. There are many factors that determine how safe a company’s dividend payment is, with sector playing a big role in terms of competition, long-term demand, recession resistance and other critical factors. In this article, we’ll take a look at why dividend growth investors would want to own water stocks, as well as three examples of companies we like today in the sector.
3 Water Stocks to Buy for Income
Water stocks are attractive to income investors. American Water Works ( AWK ): American Water Works has a significant scale advantage. California Water Service Group ( CWT ): California Water Service Group is one of the three largest water utilities in the U.S. SJW Group ( SJW ): SJW Group engages in a full suite of water services. Source: Alina Kruk|Shutterstock.com Water stocks possess all the qualities one would wish for when it comes to long-term dividend growth. Investors seeking long-term, secure dividend growth would do well to carefully select sectors of the market before picking individual stocks to ultimately purchase. There are many factors that determine how safe a company’s dividend payment is, with sector playing a big role in terms of competition, long-term demand, recession resistance and other critical factors. In this article, we’ll take a look at why dividend growth investors would want to own water stocks, as well as three examples of companies we like today in the sector.