| | | MDU, fwiw: "A time for Defensive Thinking", this week's Barron's:
"Nelson (...He runs the largest Edward Jones team in the country, managing $550 million, and he has been Barron’s top-ranked advisor in North Dakota for four years running) likes big, integrated oil companies whose strong balance sheets make them resilient. One of his favorites is right in his hometown of Bismarck. MDU Resources Group (ticker: MDU), whose shares have fallen 40% over the past year, has increased its dividends for 24 straight years and now pays a 3.6% dividend yield.
The company is conservative and well run, and plans to spin off its exploration-and-production company to focus on lower-risk business lines, says Nelson."
If MDU drops more on no adverse news, I may add to my few shares. |
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