Sent $250 to my Duke Energy DRIP

After doing some homework I thought it was time again to start investing in Duke Energy.

Some highlights that led to this are:
-I noticed the other day that Duke Energy was rated a 'Strong Buy' in the S&P stock report.
-Dividend is still very attractive $1.24 (4.5% yield)
-The Duke-Cinergy deal seems to be progressing ok - in my opinion major deal breakers would have surfaced by now
-Check out what the company assets would look like after the merger Asset Map
-I think with the increased costs of other energy sources, longer-term many electric utilities may benefit
-I need to send a mailing to my Duke Energy DRIP anyway to change my mailing address ;-)

I mailed a check for $250 today, and I am considering having an automatic monthly stock purchase started.

I also have holdings in Pepco, Edison International, and CMS Energy. I also need to revisit these companies - especially CMS Energy, they might also be ripe for further investments.

Related in DRIPs:

2013 Passive Income: Dividends (Jan 25, 2014) Here is a summary of our 2013 dividend income. This passive income comes from our taxable stock portfolio that is included in our monthly investment reviews. All retirement investment holdings are excluded from this dividend income summary. This passive income...

Dividend Income Growth (Nov 29, 2007) I have started pulling together our dividend income for 2007 although a number of investments still have dividend payments remaining in December. Incomplete 2007 Dividend Income  Company Q1 Q2 Q3 Q4 Total Pepco $ 5.26 $ 5.30 $ 5.35  ...

Annual Dividend Hikes (Nov 26, 2007) In the beginning of the year, I reviewed my 2006 passive income, mainly from dividend paying stocks I own. Here is the same list of companies with any quarterly dividend hikes seen in 2007:   2005 Dividend 2006 Dividend 2007...

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