30 High Dividend Mid-Cap Utilities for Defensive Investors

Recently, we argued that large-cap utilities may appear attractive to dividend investors since these stocks have higher dividend yields compared to other sectors in the U.S. The utilities sector generally contains high dividend stocks, and most mid-cap utilities are no exception. We like high dividend stocks because we are concerned about the Fed’s inflationary policies and large budget deficits. We compiled a list of utilities stocks (the sector classifications are sourced from Finviz) that have a market cap between $2B and $7B and ranked them based on their 12-month dividend yields. Here are these 33 stocks and their performances: Dividend Yield YTD Return 52-week Return AmeriGas Partners APU 6.3% -4.39% 26.4% Pepco Holdings Inc. POM 5.5% 9.67% 33.1% Integrys Energy Group Inc. TEG 5.2% 9.68% 22.2% Hawaiian Electric HE 5.1% 10.25% 19.9% Vectren Corp. VVC 4.9% 13.50% 31.7% SCANA Corp. SCG 4.7% 0.80% 18.4% Pinnacle West Capital PNW 4.7% 10.91%... Read more