3 utility stocks with reasonable valuations yielding over 4%.

Given the run up over the past two years in the stock market and the paucity of yielding producing instruments because of the low interest rate environment, finding good yielding equities with reasonable valuations is not an easy task. Here are three utilities that meet these criteria and are worth considering.American Electric Power Company, Inc. (AEP) – AEP engages in the generation, transmission, and distribution of electric power. It generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric energy. The company distributes electric power at wholesale to other electric utility companies, rural electric co-operatives, municipalities, and other market participants, as well as to retail customers in its service areas. It also operates non-regulated wind farms and barging operations, as well as provides various energy-related services.Valuation: The stock is selling at 12 times this year’s earnings and a little over 11 times next year’s consensus earnings. It... Read more