13 Utility Stocks Paying Dividends Upwards of 4%

Thanks to the Fed's massive expansionary policy, government bonds yield almost nothing, if not negative. Given the low yield of bonds, high yield utility stocks offer safe and higher returns. The utility companies produce and distribute essential services such as electricity, gas, as well as water services. There are integrated companies as well. Most utility companies pay outstanding dividends. Here is a list of 13 high-yield utility large-caps, paying excellent dividends over 4%. Financial data is derived from finviz: 1. American Electric Power Co., Inc. (AEP): AEP is a major investor and owner of electric utilities in various locations. AEP owns the nation's largest electricity transmission system, a nearly 39,000-mile (63,000 km) network. The company’s P/E ratio is 14.03, which is slightly higher than the average. The dividend yield is 5.18%, and market cap is $17.07 billion. 2. Dominion Resources, Inc. (D): Dominion’s asset portfolio includes power generation, electric transmission... Read more