Water utility industry
Article Abstract:
The Safe Drinking Water Act Amendments of 1996 were signed by President Bill Clinton on Aug 6, 1996. Rigid water testing measures and regulations for contaminants, with which providers had to comply, were eliminated by the new amendments, and a revolving loan fund was established. Greater consolidation in the water utility industry in the future is also expected, as well. These stocks are not timely for 1996 and 1997, but several are safe investments.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Water utility industry
Article Abstract:
A lack of competition among water utilities makes them appealing to investors looking for a safer utility stock, although many utilities are heading for consolidation. Water utilities do face risks, such as continued regulatory expenses, high fixed capital costs and weather. Only the nation's largest water utilities are traded publicly, and these companies have greater financial reserves over municipal utilities.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Comment about this article or add new information about this topic:
Water utility industry
Article Abstract:
Consolidation trends within the water utility industry are expected to increase during 1996 as good economic values can be obtained through regional mergers. This industry is one of the lowest ranked industries that Value Line follows. Long term dividend growth is expected to be good and yields are also expected to be good.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: