5 Dividend-Paying Utility Stocks to Consider

For those of you who read my Dividend Portfolio Analysis, one of the things you may have noticed is that I currently only own one utility company: Southern Company (SO). Southern Company has been raising dividends for 10 years now, has been an excellent part of my portfolio, and I am very optimistic about its future. Furthermore, SO was one of the few companies I call "The Original Six." To provide a brief background to my dividend investing days before DividendPartisan, the very first purchase for my Income Portfolio was near the beginning of 2010 of six individual stocks, SO being one of them. The other originals were: Abbott (ABT), Johnson & Johnson (JNJ), Paychex (PAYX), Pepsi (PEP), and Waste Management (WM). This initial mix of six provided me a relatively diverse foundation to begin with: Two stocks in healthcare, two in industrials, one in consumer defensive, and one in... Read more