8 Utility Stocks With 10 Years Of Dividend Increases
After a recent selloff, utility stocks that pay dividends have been on the mend. Many of these companies are offering good value and strong yields. But value and yield are only a part of the equation dividend investors use to find the best dividend stocks. For the long term investor we believe the most important factor to be dividend growth. Dividend growth is what drives these stocks higher. As the dividend increases, so does the yield which draws the attention of income investors. This demand drives stock prices higher and the increasing dividend then serves to maintain the yield as the stock appreciates. The following 8 stocks have a dividend yield over 3% and have increased its dividend for 10 years or more. We found this information by digging through the fundamentals of each stock in the Utility sector because it is not available in a dividend screener.
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