Highest Yielding Electric Utilities
There are 30 electric utilities that yield 4% or more, in addition to providing relative safety, security, and stability. WallStreetNewsNetwork.com has come up with a list of numerous electric utility stocks that pay high dividends. Historically, utilities have paid favorable dividends for many years with low volatility.
Here are some examples of utility stocks with decent CD beating yields.
Duke Energy Corporation (DUK) has a yield of 5.9%, and has a forward PE of 12.3.
Ameren Corporation (AEE) has a yield of 5.8%, and has a forward PE of 11.8.
Consolidated Edison, Inc. (ED) has a yield of 5.3%, and has a forward PE of 13.
American Electric Power Company, Inc. (AEP) has a yield of 4.8%, and has a forward PE of 10.5.
You can access a free downloadable Excel database of high yield electric utility stocks, which you can add to, change, and sort, at WSNN.com.
Author does not own any of the above.