5 Utilities With High Dividend Potential

Although the stocks of utility companies generally do not demonstrate much in the way of capital appreciation, the companies are renowned for paying out hefty dividends. In the following article, I will analyze five utility companies which have a strong history of producing solid dividends. I picked these five utilities because they are all undergoing dynamic changes, including possible mergers, acquisitions and new technological innovations. As market veterans, they present an excellent entry point for discussion of the overall market conditions within the utilities sector. Cleco Power (CNL): Cleco Power is a fully regulated utility company that generates electricity and distributes it to its customers in southeast Louisiana. Cleco Power managed to get its Rodemacher 3 project up and running in February of 2010 and more recently announced a 10-year contract to sell energy to Dixie Electric Membership Corporation (DEMCO), both of which greatly expand the company's outreach and revenue... Read more