I keep reading more and more about how water will become scarcer and more valuable that oil. If that is true, then the companies that own water rights should do extremely well. In the meantime, you can earn dividends from your investments in water utility stocks.
Water utilities decent yields between 1.5% and 6.5%. Maybe they aren't as high as electric utilities or gas utilities, but there are over a dozen water utility stocks with dividends that were turned up by WallStreetNewsNetwork.com. Here are a couple examples.
American States Water Company (AWR) is a $600 million market cap utility which produces, purchases and distributes water in both California and Arizona. The company pays a yield of 3.2% and have a forward PE of 16.2.
SJW Corp. (SJW) is a San Jose, California water utility with a market cap of over $400 million. It yields 3.1% and has a forward PE of 20.5%
To see a list of the rest of the top yielding water stocks, which you can download, add to, change, and sort, check out WallStreetNewsNetwork.com.
Author does not own any of the above.
By Stockerblog.com
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