15 U.S. Electric Utilities Paying Over 5% Dividends
Published Jan 10, 2011 on Seeking Alpha

Charlotte-NC, based Duke Energy (DUK) has announced a deal to buy Progress Energy Inc (PGN) for $13.7 billion in an all-stock transaction. The combined company to be called Duke Energy Corp would be the largest utility in the U.S. with about 7.1 million customers in the states of Florida, North Carolina, South Carolina, Indiana, Kentucky and Ohio. Back in 2005 Duke Energy acquired Cincinnati, OH-based Cinergy for $9.0 billion in stock to expand its business in the Midwest.... Read more