Consider This Utility For Its 4.6% Yield

Income investors usually favor stable businesses, with good profitability levels, and a strong cash flow generation capacity. One sector which usually meets these criteria is the utilities sector. Furthermore, utilities regularly pay a large part of their profits as dividends and are relatively resilient to macroeconomic cycles, making them relatively safe over the long-term. In the US, the utilities sector (IDU) offers on average a dividend yield of about 3.1%, which is quite attractive for income investors. However, there is some utilities that yield even more, like Integrys Energy (TEG) which currently yields about 4.6%. Integrys is a leading Midwest energy company, operating in the natural gas and electricity businesses. It has a market capitalization of about $4.7 billion and is listed on the New York Stock Exchange. Integrys Energy Group, Inc. is an American energy company headquartered in Chicago, Illinois. It was formed by the merger... Read more

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