7 Electricity Stocks With Substantial Dividends

Utility stocks offer gorgeous dividends to investors. The average dividend yield on this industry is 4.5%. These stocks are one of the safest equities, and can return really good profits. Among the utility stocks, electric utilities are one of the best. The demand for electricity is increasing, which keeps the industry growing bigger and bigger, even in the roughest times of the global economy. Here, is a list of seven electric utility stocks offering substantial dividends (data from finviz/morningstar, and is current as of June 1 close): Dominion Resources (D): Dominion has been trying to convert three of its stations from using coal to biomass. As of the July 1st close, the Virginia-based company had a market capitalization of $28.21 billion, and a trailing ratio of 9.23. Forward P/E is 15.07. D had an EPS growth of 27.34% over the last five years, while earnings increased by 136.41% this year.... Read more