Investor criteria for valuing utility common stocks

Journal Article · Thu Jul 20 04:00:00 EDT 1978 · Public Util. Fortn.; (United States)

OSTI ID:7061325

Burkhardt, D A ^[1]; Viren, M A

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1. Edward D. Jones and Co., St. Louis

Such frequently discussed financial characteristics of utility companies as allowances for funds used during construction, the regulatory climates in which they operate, historic earnings growth rates, and dividend pay-out policies and the impact of these items on the equity return requirements of utilities are identified and analyzed. The authors describe a method they have developed for detecting and measuring the criteria that investors use for selecting among utility stocks, thus making it possible to relate market values and return requirements.

• OSTI ID: 7061325
• Journal Information: Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 102:2; ISSN PUFNA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
ACCOUNTING
COMPETITION
DATA
DATA ANALYSIS
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMICS
FINANCIAL DATA
INCOME
INFORMATION
INVESTMENT
MANAGEMENT
MARKET
PUBLIC UTILITIES
RATE STRUCTURE
REGULATIONS