The brokerage firms expect growth to accelerate in 2010 as new investment is attained. PGN shares offer a compelling 6.6% yield on annual dividend, which the firms consider secure. PGN is one of the nation’s larger pure-play electric utilities with solid rate base growth opportunity driven by long-term favorable demographics, customer growth, environmental/conservation investment, and future baseload generation additions, including the possible addition of up to four nuclear units.
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