The S&P 500 notched a rip-roaring 53.2% gain in the two-year period from 2023 through 2024. Passive income collected from most dividend stocks during this period pales in comparison to the capital gains of the broader market.The best way to approach investing in dividend stocks isn't to try to keep pace with a red-hot rally, but rather to invest in balanced companies that have the potential to grow earnings over time and, in turn, their payouts to investors. The advantages of dividend stocks are put on disp ...

COLUMBUS, Ohio, Jan. 7, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Trevor I. Mihalik executive vice president and chief financial officer effective Jan. 20. He will succeed Chuck Zebula, who will serve as senior advisor to the chief executive officer before retiring in March. Mihalik's previous experience includes roles as group president, CFO, controller and chief accounting officer at Sempra. He will report to Bill Fehrman, AEP president and chief executive officer. Trevor Mi ...

Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets.Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge ...

Shares of eHealth, Inc. (EHTH) , an online health insurance marketplace operator, soared 45.1% last week after the company raised its 2024 guidance, citing robust performance during the Annual Enrollment Period (AEP). It witnessed substantial growth in Medicare applications and a record-high number of unassisted online submissions.eHealth exceeded expectations in telephonic and online conversion rates and leveraged strong consumer demand for its omnichannel platform. The platform connects users to more than ...

This past summer, utilities were one of the best-performing stock market sectors year to date -- even better than technology. Despite a sustained rally in the S&P 500, many top utility stocks have sold off in recent months, including industry leaders like Southern Company (SO -0.13%), American Electric Power (AEP -0.07%), and NextEra Energy (NEE 0.71%).Here's why these three high-yield utility stocks are worth buying now. 1. Southern CompanySouthern Company is a utility that mainly operates in the southeast ...

On one hand, it can be an investor's best friend. When one can keep their emotions within the perspective of the bigger picture, selloffs can present remarkable buying opportunities.This article was coproduced with Kody Kester.Introducing iREIT®Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets.We recentl ...

SHREVEPORT, La., Dec. 18, 2024 /PRNewswire/ -- Southwestern Electric Power Co. (SWEPCO), a subsidiary of American Electric Power (Nasdaq: AEP), is excited to announce the ongoing development of several new generation projects, pending regulatory approval. These initiatives are designed to enhance SWEPCO's diverse energy portfolio by adding natural gas facilities alongside new wind and solar farms, addressing the growing capacity demands of our customers in a cost-effective manner. As part of the company's v ...

Bloom Energy Corp BE announced a 1 GW fuel cell supply deal with American Electric Power Company Inc AEP, which sent its stock soaring in early trading on Friday.The deal is "proof of concept" that the company's product can power large-scale data centers, according to Piper Sandler.Analyst Kashy Harrison upgraded the rating from Neutral to Overweight while raising the price target from $10 to $20.The Bloom Energy Thesis: The latest order could "open the door to future arrangements with other utilities," Har ...

This customer-focused effort is the largest utility fuel cell initiative in the countryCOLUMBUS, Ohio, Nov. 14, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is offering large customers a custom solution to support their growing energy needs with fuel cell technology. AEP has an agreement in place to secure up to 1 gigawatt (GW) of Bloom Energy solid oxide fuel cells for data centers and other large energy users who need to quickly power their operations while the grid is built out to accommoda ...

These passive income powerhouses use dividends to pass along profits directly to shareholders.Some investors target a certain yield to help supplement income in retirement or achieve passive income goals. Others may simply be looking for a yield that is considerably above the 1.3% available from a low-cost S&P 500 exchange-traded fund (ETF) like the Vanguard S&P 500 ETF.Yields come down when stock prices outpace dividend growth rates, which has been the case across many stock market sectors, given the broad ...