Evergy: Plug Your Portfolio Into Reliable Dividend Growth

Summary Evergy, Inc. is maintained at a Buy rating, trading at a 3% discount to fair value, with double-digit annual total return potential. EVRG’s robust pipeline of data center-driven ESAs and regulatory mechanisms supports high single-digit adjusted EPS growth through 2030 and beyond. The utility’s BBB+ credit rating, stable FFO-to-debt ratio, and sustainable mid-60% payout ratio underpin dividend safety and future capital investment. Despite modest dividend growth forecasts, EVRG’s near-aristocrat status and disciplined capex position it for 10%+ annual total returns into the next decade. Looking for a portfolio of ideas like this one? Members of The Dividend Kings get exclusive access to our subscriber-only portfolios. Learn More » chanakon laorob/iStock via Getty Images Co-authored by Kody's Dividends. Dividend growth investing often requires balancing reliable, multi-decade income track records with forward-looking capital appreciation. For one prominent Midwest-based utility closing in on Dividend Aristocrat status, that balance appears especially attractive right now. Trading This article was written by Treading Softly 5.26K Followers Follow Scott Kaufman, aka Treading Softly, learned about investing firsthand from over a decade of financial sector experience. He is the lead analyst for Dividend Kings providing actionable insight into high quality dividend growing and undervalued opportunities. His focus is to see a bountiful harvest of cash dividends and strong capital gains, providing a robust total return. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Kody's Dividends, Justin Law, and Rachel Kaufman are part of The Dividend Kings team. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.