Top Electric Utilities: Lower Fuel Prices Higher Stock Prices?

One of the major expenses of electric utility stocks is the cost of fuel to run the generators.  When fuel prices drop, assuming utilities are not lock in to long term agreements, earnings can increase. The price of oil is now at its lowest point since the beginning of December. Natural gas has been in a fairly low range since 2009.

Investors want alternatives to low interest bonds and bank accounts. Electric utility stocks are an alternative which can provide income and price growth potential. 

Buying opportunities abound for income investors for income. There are many of electric utilities to choose from with over over a dozen providing yields of 4% or more, according to WallStreetNewsNetwork.com.

TECO Energy, Inc. (TE) uses oil, natural gas, and coal to run their generators, along with a  a small cogeneration facility. The stock pays a yield of 5.1%. This electric and gas utility holding company provides electricity to West Central Florida. The stock trades at 18 times trailing earnings and 15.5 times forward earnings. The company has raised its dividend every year since 2006.

Black Hills Corporation (BKH) provides electricity to customers in South Dakota, Wyoming, Colorado, and Montana. It trades at 18.7 times earnings with a forward P/E of  20.9. The stock pays a yield of 2.8%.

Integrys Energy Group, Inc. (TEG) serves the Wisconsin, Michigan, and Chicago areas. It has a P/E ratio of 14.8, a forward P/E ratio of 14.7, and offers a very generous yield of 5%.

To see a list of dozens of high yield electric utilities, go to WallStreetNewsNetwork.com.  The list has the PE. the forward PE, the PEG, and the yield for these stocks.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

3 Top Yielding Electric Utility Stocks

Investors looking for income and capital appreciation potential for the long term may want to consider electric utility stocks. If you look at the Dow Jones Utility Average over the last twelve months, you would see that utility stocks have dropped by 1.28%, partially due to fears of rising interest rates, partially due to the concern about competition from solar roof panels, and partially due to the fears about the reduction in electrical usage from fluorescent and LED light bulbs.

This may be a buying opportunity for contrarian income investors looking to get into  utilities. There are dozens of electric utilities to choose from with over 20 providing yields of 4% or more, according to WallStreetNewsNetwork.com.

For example, TECO Energy, Inc. (TE) sports a yield of 5.3%. This electric and gas utility holding company provides electricity to West Central Florida. The stock trades at 20 times trailing earnings and 15.4 times forward earnings.The company has raised its dividend every year since 2006.

Integrys Energy Group, Inc. (TEG) serves the Wisconsin, Michigan, and Chicago areas. It has a P/E ratio of 14.3, a forward P/E ratio of 15.7, and offers a generous yield of 4.9%.

Black Hills Corporation (BKH) provides electricity to customers in South Dakota, Wyoming, Colorado, and Montana. It trades at 15.5 times earnings with a forward P/E of  19.7. The stock pays a yield of 3.1.

To see a list of dozens of high yield electric utilities, go to WallStreetNewsNetwork.com.  The list has the PE. the forward PE, the PEG, and the yield for these stocks.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Stocks Going Ex Dividend the Third Week of May

  Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful, and may need to avoid the technique during those times.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.

Consolidated Edison (ED) 5/13/2013 3.9%

DuPont (DD) 5/13/2013 3.4%

Exelon Corp (EXC) 5/13/2013 3.3%

Fifth Street Finance (FSC) 5/13/2013 10.5%

Five Oaks Investment Corp. (OAKS) 5/13/2013 10.4%

Gas Natural Inc. (EGAS) 5/13/2013 5.2%

Black Hills Corp (BKH) 5/15/2013 3.3%

Chevron Corp (CVX) 5/15/2013 3.3%

Diebold, Inc. (DBD) 5/15/2013 3.8%

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Book now available: Buying Dividends Revised and Updated
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Best Bargains for High Yield Electric Utilities

With the stock market tanking, plenty of quality utility stocks have suffered. However, the lower stock prices means higher yields. About ten more electric utility stocks are yielding more than 5% this month over last month. In addition, these stocks can provide relative safety, security, and stability. Historically, utilities have paid favorable dividends for many years with low volatility. WallStreetNewsNetwork.com has come up with an updated list of numerous electric utility stocks that pay high dividends.

Here are some examples of utility stocks with CD beating yields.

Pepco Holdings, Inc. (POM) has a yield of 6.9%, and has a PE of 15.4

Ameren Corporation (AEE) has a yield of 6.4%, and has a PE of 9.7

American Electric Power Company, Inc. (AEP) has a yield of 5.4%, and has a PE of 11.2

Black Hills Corporation (BKH) has a yield of 5.2%, and has a PE of 12.8

For more top yielding stocks, 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.

By Stockerblog.com