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Bottom of the Barrel: Empire District, a Small-Cap With a Powerful Yield
While many of the small-cap stocks in Bottom of the Barrel are growth plays, some readers have asked if it's possible to build a small-cap income portfolio.
Indeed it is, and with this week's profile, Empire District Electric (EDE Quote), the Bottom of the Barrel Income Portfolio debuts. We'll profile a new small-cap income play each month.
Empire fits the bill perfectly. It is a regional electric utility delivering juice to a 10,000-mile area where Arkansas, Kansas, Missouri and Oklahoma converge. For investors, Empire delivers a 6%-plus yield and a strong commitment to continue the payout.
Basic Power, Basic Story
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