Business & Money
Will dividends become the sole focus for investor valuations of utilities?
Will dividends become the sole focus for investor valuations of utilities?
With last month's favorable Senate vote to repeal the tax on dividends from 2004-2006 and reduce it 50 percent this year, and the high-profile conference committee meetings between the House and the Senate at press time, many are asking if investors are, or should be, beginning to evaluate utility companies solely on the basis of the dividend.