Tracking the four high-yielding equitiesIn an article dated 8th December 08, I listed four equities that were deemed safe, being public utilities, and had high yielding returns, to track how the capital element of any investment would stack up as the credit crunch crisis evolved.
My update on 5th February 09 was very encouraging in that the capital gain was 12.2% just in that two month period. The businesses were:-
National Grid
Scottish & Southern Energy
Centrica
Severn Trent
Over these four companies the equity value as at 7th July 09 is exactly back to the position in December 08. We are dealing with four of the best businesses in the UK.
So much for a stock market recovery. Take the dividends and hold on, it can only get better again. Cant it?
jgs- 2009