Say Goodbye to Utility Stock Dividends

U.S. electric utility stocks have been in the new part of two emerging trends, the development of data centers with large energy consumption needs as well as the broader electrification trend. Prices have rallied as equity analysts and investors alike seem to agree that electric utilities are becoming growth stocks. This is due to the electrification movement occurring in various sectors of the economy like vehicular transportation and home heating. We first wrote about the prospect of a revival of sales growth for Oilprice.com about fifteen months…