1 Water Utility Increasing Dividends Plus 3 Others Worth Considering
Published Feb 18, 2011 on Seeking Alpha

Nothing pleases an income investor more than an increase in dividends. Fortunately, some industries are doing well enough to provide these increases. One of those industries is the water distribution business. Aqua America (WTR) recently boosted its dividend and has provided increases every year for the last 19 years. This Pennsylvania based company has paid dividends for 65 years. It trades at 24 times forward earnings and provides a yield of 2.7%. Water stocks provide excellent income diversification along with a portfolio of electric utilities and natural gas utilities. Water utilities provide CD beating yields yields ranging from 2% to 5% according to WallStreetNewsNetwork.com. Here are a few examples:SJW Corp. (SJW) is a San Jose, California based water distributor which serves the Silicon Valley area and has customers in Cupertino, San Jose, Campbell, Monte Sereno, Saratoga, Los Gatos, and parts of Santa Clara County. The stock has a forward... Read more