Income Investors: Is This Utility Stock Too Expensive?

Income Investors: Is This Utility Stock Too Expensive?

Motley Fool

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Interest rates look to be lower for longer. Income investors are once again flocking in droves to stocks like Fortis Inc. (TSX:FTS)(NYSE:FTS) that have stable, growing dividends. Is it worth chasing this stock for its stable yield, or should you wait for a better entry point?

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