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Gotta like AGL Resources. It bought out

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FISH21049   Sunday, 02/12/12 07:37:01 AM
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Gotta like AGL Resources. It bought out NICOR, an Illinois company. I actually bought AGL before the merger/acquisition.

My wife inherited 1,099 shares NICOR (converted to 921 shares of AGL Resources) less than a year ago.

The $1.80 dividend and $41.56 share price is giving out a nice yield of 4.3%. Much better than the 0.01% rate for NOW checking or a 0.10% rate on savings. Heck, even the Treasury rates suck right now.

One observation on dividend stocks (especially utilities) is that there isn't too much price movement, either up or down, but on the other side, there is some sense of safety knowing that people will always need electric or gas or water.

We learn to crawl before we walk;
We learn to walk before we run;
We learn to run before we fly;
We learn to fly before we soar!
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