"What's the first thing that springs to mind when someone mentions the Nasdaq Composite? It's likely tech stocks that are trading at nosebleed valuations, many without any cash flow at all. The index is packed with the world's fastest-moving software, semiconductor, and social-media giants, all of them celebrated more for explosive price swings than for the slow, steady drip of cash that dividends provide."
"Exelon has a pipeline of 17 GW already in queue, with another 16 GW undergoing assessment for a total of 33 GW of potential data center demand. CEO Calvin Butler stated during the Q2 earnings call that this pipeline is due to data centers and high-density load projects in their service territories. For context, 33 GW is "enough power all of the homes in California, New York and Texas, combined"."
""electricity supply is still struggling to catch up with the rapid increases in demand""
"You get a 3.35% dividend yield with a payout ratio of just 58.65%. This leaves room for plenty of dividend hikes."
The Nasdaq Composite is commonly associated with high-valuation technology stocks, but it also includes a cohort of reliable dividend-paying companies with strong cash flows and histories of raising payouts. Five underappreciated Nasdaq names offer attractive yields and sturdy balance sheets. Exelon is a utility holding company delivering electricity and natural gas that is benefiting from rising demand driven by data centers and high-density load projects. Exelon has 17 GW in queue and 16 GW under assessment, totaling 33 GW of potential demand—enough power for all homes in California, New York, and Texas combined. Exelon shares are up roughly 27% year-to-date and yield 3.35% with a 58.65% payout ratio, leaving scope for dividend increases.
Read at 24/7 Wall St.
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