Eversource Energy (NYSE: ES) is recognized as one of the Top 15 Growth Stocks for Long-Term Investors, showcasing stability and growth in its dividend performance. The company provides electricity, natural gas, and water services to around 4.6 million customers in Connecticut, Massachusetts, and New Hampshire, operating under federal and state oversight.
With an updated investment plan of $23.7 billion for 2024-2028, Eversource Energy (NYSE: ES) is focusing on transmission and electric distribution projects. The company aims for annual earnings-per-share growth of 5% to 7% during this period, aligning with its dividend growth objectives. Operating in a regulated sector provides stability and predictable cash flows, allowing for consistent earnings. Eversource Energy (NYSE: ES) has increased dividends for 25 consecutive years, with a quarterly dividend of $0.7525 per share and a yield of 4.16% as of October 12.
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Read more at Yahoo Finance: Eversource Energy’s (ES) Stability and Growth Strategy Power its Dividend Performance
