El Paso Electric Company (EE) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that EE reports less variability in its free cash flow than only 2.52% of the dividend stocks we're tracking.
- Free cash flow for EE has a compound average growth rate of -76.92%, which is higher than just 11.3% of stocks in our dividend set.
- As for stocks whose price is uncorrelated with EE's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: TXT, MMS, VEDL, USDP and SOHO.
EE Price Forecast Based on Dividend Discount Model
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A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of EE, the DDM model generated by StockNews estimates a return of positive 1773.91% in comparison to its current price. Digging deeper, the aspects of El Paso Electric Co's dividend discount model that we found most interesting were:
- In comparison to other US listed dividend yielding stocks in the Utilities sector, El Paso Electric Co's expected return of 1773.91% is higher than merely 100% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, El Paso Electric Co bears a discount rate, according to our calculations, lower than merely 100% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for El Paso Electric Co than it is for merely 100% of other dividend issuers in the Utilities sector.
EE Dividend Chart
EE Dividend History
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