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Bank On Infrastructure Spending With High Yields: Buy UTF And UTG

Published Thu, 29 Oct 2020 08:35:00 -0400 on Seeking Alpha

Seeking AlphaClosed End FundsBank On Infrastructure Spending With High Yields: Buy UTF And UTGOct. 29, 2020 8:35 AM ET|| About: Cohen&Steers Infrastructure Fund (UTF), UTG, Includes: AMT, AWK, CCI, CNI, DUK, DUK.PA, DUKB, DUKH, EBBNF, EBRGF, EBRZF, ENB, ENBA, ENBBF, NEE, NGG, NGGTF, NSC, VZby: Rida MorwaRida Morwa High Dividend OpportunitiesThe #1 Service for Income Investors and Retirees, 9-10% dividend yield.SummaryDemocrats and Republicans both have big plans for infrastructure.
COVID-19 disruptions and changes will require infrastructure changes to support them.
As renewable energy generation gets more affordable, infrastructure will be required to support moving energy from where it was generated to where it's needed.
You get immediate diversification with high yields by investing in this sector.
Co-produced with PendragonY
Both Democrats and Republicans Have Infrastructure Spending Plans
The U.S. is headed for a national election at the start of November. And while both parties promise a lot of very different things, both are set to increase spending on infrastructure. The Democrats have all proposed significant new spending, with the Green New Deal being one such proposal. But President Trump and the Republicans have their infrastructure plans as well. So no matter what outcome the election has, infrastructure spending is set to increase significantly.
Coal-fired power plants also are getting older, and those older plants are being replaced – in many cases, some of the capacity is being replaced by wind or solar power. In Texas, wind farms are being built as there are many areas where they are very productive. Other areas are good for solar power, and so such sites increase as well. And in many places, natural gas is part of the replacement picture. These replacement technologies all have different requirements and so will need new transmission lines and other support. And this will require more spending. For instance, several wind farms... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
NATIONAL GRID 51.29   0.0 0.00 4.01 7.94
ENBRIDGE 34.70   19.7 1.76 2.21 6.38
VERIZON COMM 60.43   15.8 3.83 2.46 4.04
DUKE ENERGY 94.96   21.0 4.52 3.78 4.02
NEXTERA ENERGY 220.74   31.7 6.96 5.00 2.29
NORFOLK SOUTHERN 178.56   17.3 10.30 3.76 2.11
CANADIAN NATIONAL RAILWAY 92.36   20.2 4.58 1.62 1.73
AMERICAN TOWER 218.85   66.3 3.30 3.68 1.70
AMERICAN WATER WORKS 121.76   37.8 3.22 2.00 1.66


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