Tax free
earnings Huge expansion plans over next 5 years, with career opportunities...
Tax free
earnings Huge expansion plans over next 5 years, with career opportunities Relocation assistance offered including flights...
Tax free
earnings Huge expansion plans over next 5 years, with career opportunities Relocation assistance...
Not exact matches
However, utilities in general tend to have higher payout ratios (they pay higher percentages of their
earnings to shareholders), because most do not undertake significant
expansions or
huge new investment such that it is unnecessary to retain large percentages of their free cash.
, but broadly speaking I think it's fair to say
earnings growth has been responsible for much of the progress in the indices over the years (i.e. there hasn't been a
huge expansion in P / E multiples).