Latest news with #Utilities
Yahoo
a day ago
- Business
- Yahoo
Is First Trust Value Line Dividend ETF (FVD) a Strong ETF Right Now?
Making its debut on 08/19/2003, smart beta exchange traded fund First Trust Value Line Dividend ETF (FVD) provides investors broad exposure to the Style Box - Large Cap Value category of the market. Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns. Managed by First Trust Advisors, FVD has amassed assets over $9.10 billion, making it one of the larger ETFs in the Style Box - Large Cap Value. Before fees and expenses, FVD seeks to match the performance of the Value Line Dividend Index. The Value Line Dividend Index is a modified equal dollar weighted index comprised of U.S. exchange listed securities of companies that pay above-average dividends and have potential for capital appreciation. Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same. Annual operating expenses for FVD are 0.60%, which makes it one of the most expensive products in the space. FVD's 12-month trailing dividend yield is 2.33%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. For FVD, it has heaviest allocation in the Industrials sector --about 22% of the portfolio --while Utilities and Consumer Staples round out the top three. When you look at individual holdings, Sensient Technologies Corporation (SXT) accounts for about 0.55% of the fund's total assets, followed by Taiwan Semiconductor Manufacturing Company Ltd. (adr) (TSM) and Johnson Controls International Plc (JCI). The top 10 holdings account for about 5.12% of total assets under management. Year-to-date, the First Trust Value Line Dividend ETF has added roughly 3.14% so far, and it's up approximately 11.61% over the last 12 months (as of 06/02/2025). FVD has traded between $40.45 and $46.70 in this past 52-week period. The fund has a beta of 0.74 and standard deviation of 13.54% for the trailing three-year period, which makes FVD a medium risk choice in this particular space. With about 222 holdings, it effectively diversifies company-specific risk. First Trust Value Line Dividend ETF is a reasonable option for investors seeking to outperform the Style Box - Large Cap Value segment of the market. However, there are other ETFs in the space which investors could consider. Schwab U.S. Dividend Equity ETF (SCHD) tracks Dow Jones U.S. Dividend 100 Index and the Vanguard Value ETF (VTV) tracks CRSP U.S. Large Cap Value Index. Schwab U.S. Dividend Equity ETF has $68.13 billion in assets, Vanguard Value ETF has $133.45 billion. SCHD has an expense ratio of 0.06% and VTV charges 0.04%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Value. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Value Line Dividend ETF (FVD): ETF Research Reports Johnson Controls International plc (JCI) : Free Stock Analysis Report Sensient Technologies Corporation (SXT) : Free Stock Analysis Report Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report Vanguard Value ETF (VTV): ETF Research Reports Schwab U.S. Dividend Equity ETF (SCHD): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Why CenterPoint Energy (CNP) is a Great Dividend Stock Right Now
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Based in Houston, CenterPoint Energy (CNP) is in the Utilities sector, and so far this year, shares have seen a price change of 16.96%. The energy delivery company is paying out a dividend of $0.22 per share at the moment, with a dividend yield of 2.37% compared to the Utility - Electric Power industry's yield of 3.27% and the S&P 500's yield of 1.56%. Taking a look at the company's dividend growth, its current annualized dividend of $0.88 is up 8.6% from last year. CenterPoint Energy has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 8.25%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, CenterPoint's payout ratio is 55%, which means it paid out 55% of its trailing 12-month EPS as dividend. Looking at this fiscal year, CNP expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $1.75 per share, representing a year-over-year earnings growth rate of 8.02%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, CNP presents a compelling investment opportunity; it's not only an attractive dividend play, but the stock also boasts a strong Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily News Egypt
26-05-2025
- Entertainment
- Daily News Egypt
New Alamein City to host Egypt International Sculpture Symposium, 'ART SPACE'
New Alamein City is preparing to host two international art events in 2025: the first Alamein edition of the Egypt International Sculpture Symposium from 6 to 30 August, and the second edition of 'ART SPACE' for the arts from 19 July to 30 September. According to a statement from the Ministry of Housing, Utilities, and Urban Communities, these events are intended to underscore the city's growing status as an international destination for creativity. The sculpture symposium will be its first iteration in Alamein and the tenth to be held in Egypt overall. The symposium will feature a selection of prominent international sculptors. The event aims to offer attendees the experience of observing live creative processes, as blocks of stone and recycled materials are transformed into artworks on the Mediterranean coast. Ahmed Ibrahim, Head of the New Alamein City Authority, stated, 'We are pleased to host the Egypt International Sculpture Symposium in New Alamein City, and we affirm our commitment to providing all facilities to ensure the success of this important artistic event, reflecting the city's status as a leading platform for art and culture.' He added, 'The events are open to the public, and we invite everyone to discover New Alamein City as an integrated destination that combines art, tourism, and a modern civilised character.' Mohamed Hamida, an artist and the general organiser of the symposium, expressed his deep gratitude to the Ministry of Housing, Utilities, and the New Urban Communities Authority, appreciating the support of Ahmed Ibrahim. Hamida further elaborated, 'Thirty leading international sculptors specialising in stone sculpture and the recycling of waste and metals will participate in the symposium. The artists have shown enthusiasm for visiting Egypt, and their works will be gifted to the city authority to adorn its streets and squares, in a step that enhances the visual identity of New Alamein.' The symposium's programme will include sculpture workshops, a contemporary art exhibition, an 'art dinner' event at the closing ceremony, and a comprehensive tourist programme for the participating artists. This programme will feature visits to prominent landmarks in Alamein, Alexandria, the Pyramids, and the Grand Egyptian Museum, aiming to reflect the depth of the cultural experience Egypt offers. Separately, the 'ART SPACE – Second Edition' events will run from 19 July to 30 September 2025. This will feature art exhibitions, visual installations, and live interactive workshops, designed to allow the public to engage directly with contemporary arts in an energetic and creative summer atmosphere.
Egypt Independent
25-05-2025
- Politics
- Egypt Independent
PM inspects Sheikh Zayed expansion works in Giza
Prime Minister Mostafa Madbouly on Saturday 24/5/2025 visited Giza to follow up on infrastructure development in the expanded area of Sheikh Zayed City. The extension, based on a 2017 presidential decree, added over 8,000 feddans to the city. He was accompanied by Minister of Housing, Utilities, and Urban Communities Sherif El Sherbini Giza Governor Adel al-Naggar, and other senior officials. The expansion follows Presidential Decree No. 77 of 2017, which added 8,336 feddans to the city. The land has been legally settled, and permits have been issued for launching integrated urban projects. The main 1200 mm water pipeline feeding the area has been completed and is now in operation. Ongoing work includes road construction and full utility networks. Initial roadwork covers 10 km, with another 15 km in preparation. Water, sewage, and irrigation lines are being installed, along with service connections tied to nearby residential and airport areas. During his visit, the Premier also called for continued coordination among the authorities concerned to complete the works on schedule and meet the growing needs of the city's new districts.
Egypt Today
24-05-2025
- Business
- Egypt Today
Egypt's PM inspects several ongoing residential houses in 6th of October City
Prime Minister Mostafa Madbouly inspects progress of road and utility infrastructure works in the Green Belt area of 6th of October City, on May 24, 2025- press photo CAIRO – 24 May 2025: Prime Minister Mostafa Madbouly inspected, on Saturday, several ongoing development projects in the 6th of October City in Giza Governorate, after he had attended the celebration marking the 123rd anniversary of the Egyptian Ambulance Service. During his tour, Madbouly, accompanied by his entourage, inspected the "Saba" residential compound in the northern expansion area of 6th of October City. The project is being developed by the Ministry of Housing. Engineer Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, stated that the Saba residential project comprises 85 residential buildings, offering a total of 2,040 fully finished units. The units range in size from 100 to 142 square meters. New Zayed expasion area Also, Madbouly inspected ongoing road and utility works in the Sheikh Zayed City (New Zayed) expansion area. Engineer Sherif El-Sherbiny noted that land registration in the expansion zone has been completed and ministerial decrees have been issued to facilitate integrated urban development. He added that the main 1200mm water pipeline serving the area is now operational, with water already pumped into the network. The Minister also reviewed progress on various infrastructure components. Water networks are being installed with pipe diameters ranging from 200mm to 1200mm, covering a total of 90 kilometers. Drainage systems, with diameters from 200mm to 1400mm and depths from 1.5 to 10.5 meters, extend over 113 kilometers. An 88-kilometer irrigation network is also under development, with pipe diameters from 200mm to 1000mm. Additionally, road networks spanning 90 kilometers are being constructed, with 10 kilometers currently underway in the first phase. Preparations for the second phase, which includes an additional 15 kilometers, are in progress. Green Belt area Madbouly also inspected the progress of road and utility infrastructure works in the Green Belt area of 6th of October City. The Green Belt development aims to establish a fully integrated urban community spanning a total area of 12,494 acres, divided into three distinct zones. Zone 1 Covering approximately 4,500 acres, the first zone has a total utilities budget of EGP 2.964 billion. The project encompasses the implementation of comprehensive infrastructure, including roadworks, water, sewage, and irrigation systems. It is scheduled for completion within one year and includes approximately 236 kilometers of utility networks: · 76 km water network · 78 km irrigation network · 82 km sewage, rainwater drainage, and discharge lines · Main and secondary road network totaling 85 km · Five sewage pumping stations Zone 2 This phase spans approximately 2,242 acres with a utilities cost of EGP 2.153 billion. The project includes: · 43 km water network · 38 km irrigation network · 55 km sewage and rainwater drainage network · 30 km road network (main and secondary) It also features four tunnel pushovers beneath the Middle Ring Road for utility lines, comprising two sewage pumps, one water pump, and one irrigation pump. Additionally, a drinking water lifting station with a total capacity of 26,000 cubic meters per day is under construction. Zone 3 Covering 3,517 acres, the third zone is in the preparatory phase. Road and utility designs have been completed and reviewed, with tender documents currently being finalized. The Green Belt development represents a strategic step toward expanding urban infrastructure and sustainable city planning in the 6th of October area.
