26 Dividend Paying Utility Stocks

Moderate to high dividend yield has long been the prime attraction for investors in electric utilities. The fact that electric utilities provide essential services is a plus and a negative at the same time. The plus is, as perceived at least, recession resistance that implies stability. The negative is heavy regulation that stifles growth potential.Add it all up and electric utility investments are considered to provide good stable dividend income, but with muted growth potential. To some extent this makes electric utilities analogous to bonds. Bonds offer safety and yield, but no growth. Electric utilities are considered safe equities, but not as safe as bonds. Therefore, they offer yield-like bonds, but with a modicum of growth to compensate investors for the higher risk.... Read more