11 Dividend Boosting Utilities Stocks

In a recent article, we provided a list of large-cap Consumer Goods stocks with high dividend yields and a recent dividend growth. Although high dividend yields are usually the most important criteria in picking defensive stocks, some conservative investors may also seek a recent dividend boost. Since a recent dividend growth may suggest further increases in dividend yields, the stocks with dividend boost have decent potential upsides in the upcoming inflationary environment. Hence, we believe high dividend yielding stocks that increased their dividend payouts in the last year are appealing to conservative investors that seek some inflation protection. Like Consumer Goods sector, Utilities sector also contain many stocks with a dividend boost last year. We compiled a list of mega-cap US Utilities stocks with high current dividend yield and high 1-year dividend growth. The sector classifications are sourced from Finviz and market data are sourced from Fidelity. All companies in... Read more