3 Utility Stocks That Increased Dividends
Income investors like the dividends they receive from gas and electric utilities, but they love dividend increases. If investors reinvest their dividends, then compounding can be significantly greater when the dividends are rising. In the last couple months, a few of the top yielding utility stocks listed at WallStreetNewsNetwork.com boosted their dividend payouts. For example, the Arizona based electric utility, UniSource Energy Corporation (UNS), bumped up its quarterly dividend to $0.42 a share, an increase of 7.7%. The stock trades at 13 times forward earnings and has a yield of 4.7%.WGL Holdings, Inc. (WGL) is an Eastern US natural gas distributor that serves Maryland, Virginia, Delaware and the District... Read more