Top 8 Gas Utilities Paying Excellent Dividends

There is a lot of speculation about a renaissance in the natural gas sector. Natural gas can be an excellent candidate to do the work that was once done by nuclear power. In the aftermath of Japan's nuclear disaster, demand for gas utilities might get quite high. Therefore, we decided to screen for the top eight gas utilities with substantial dividends, and a maximum P/E ratio of 20. All of the following companies offered a minimum 4% dividend yield in 2010. Data is derived from finviz . While there are hundreds of gas companies listed on the NYSE, only the following large cap gas utilities fit into this criteria: AGL Resources Inc. ( AGL ) : As an energy services holding company, AGL is in the business of distributing natural gas in Tennessee, Florida, New Jersey, Georgia, Maryland and Virginia. The market capital of AGL is $3.13 billion and the P/E ratio is 13.3,... Read more