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AI Boom and Rate Cuts Boost Utility Stocks: Best Growth Picks

Benzinga

Many investors have flocked to utility stocks in recent months in anticipation of the Federal Reserve's first rate cut in several years, which was confirmed at the Federal Open Market Committee meeting in September. Because of their essential nature, utility stocks tend to remain steady even in times of market turmoil.

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Uzbekistan Minister Laziz Kudratov On Country’s Sweeping Economic Makeover

Global Finance

We have unified the exchange rate and liberalized the forex market, making it easier for international partners to do business here, including through public-private partnerships and outsourcing. Companies that are set up here can easily access key markets. GF : The plan is to attract some $ 250 billion in investment by 2030.

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Is PTT’s Strategy to Become a Multi-Industry Conglomerate the Right Move?

Andrew Stolz

Attractive dividend yield despite rise in invested capital. The company will allocate 32% of its future CAPEX budget until 2030 to invest in new industries, mainly through M&A. In 2021, PTT entered the renewable energy market with a capacity of 200MW. Attractive dividend yield despite rise in invested capital.

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Is BP’s new strategy – full focus on profits – viable in the long term?

Valutico

Furthermore, the company increased dividends by 10% and announced that it will buy back GBP 2.3 (USD In 2019, the company announced that it plans to reduce its oil and gas output by 40% by 2030. At this year’s event this goal was reduced by 15%, meaning fossil fuel output will only decrease by 25% by 2030.

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Capital Power and Manulife Investment Management announce the acquisition of the Midland Cogeneration facility in the United States

Benzinga

Capital Power will finance the transaction using cash on hand and its credit facilities and will not need to access the equity markets to finance the transaction. On the strength of the contracted cash flows from this acquisition, we are increasing our annual dividend growth guidance to 6% through 2025 from the previous 5%.

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Can Idemitsu Kosan Generate Enough Cash From Oil to Fund Transition?

Andrew Stolz

Attractive dividend yield could rise to 2x Japanese average. By 2030, the company plans to increase its renewable capacity to 4 Gigawatt from currently 0.2 I think that the market is too pessimistic about the long-term outlook. Attractive dividend yield could rise to 2x Japanese average. Download the full report as a PDF.

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Can the World’s Largest Carmaker Handle the ESG Pressure?

Andrew Stolz

In 2020, the Japanese gov’t announced the intention to ban gasoline-powered cars by 2030. Toyota has announced to allocate US$13.5bn by 2030 to the development of EV batteries. The company pays out dividends on a consistent basis. Dividend payout ratio is almost constant around 30%. Cash flow – Toyota. Ratios – Toyota.