RE:RE:RE:Impending newsYou will not see much upward share price movement in any dividend paying stocks until we see inflation cooling and central banks signal the end to rate hikes. I don't care what industry or type of sector you are in, interest rates will prevent capital apprciation in stocks paying out earnings.
We are buying these companies for future earnings and future price appreciation. Same things with utilities. If you are looking for a beaten up, very healthy sector of the economy, look at utlities. Fortis is at record low levels and last I checked, electricty consumption is off the charts.
DIV will have its' day but you must be patient.