PDN Overview

New Nuclear Power Plant Announcement: New York Governor Kathy Hochul announced plans to build the first major nuclear power plant in the U.S. in over 15 years, aiming for 1 gigawatt of power through either a large reactor or multiple modular ones.

Reasons for the Initiative: The urgency behind this initiative is attributed to the need for reliable and affordable energy, especially after the closure of the Indian Point facility, along with recent regulatory changes by President Trump that have eased nuclear permitting processes.

Meta's Nuclear Energy Contract: Meta Platforms Inc. has secured a significant nuclear energy contract with Constellation Energy Corp., joining other tech giants like Amazon, Microsoft, and Alphabet in efforts to ensure sufficient electricity for generative AI development.

Stock Screening in Nuclear Energy: Analysts are now focusing on the nuclear energy sector to identify stocks with the highest potential for growth, following the recent surge in energy contracts by major tech companies.

Dividend Announcement: Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF will pay a dividend of $0.3378 on December 27, with shareholders of record on December 23 and an ex-dividend date also on December 23.

Performance Insights: Seeking Alpha provides a Quant Rating and a dividend scorecard for the Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF, indicating its investment performance metrics.