5 Utility Companies Offering Yields of 4% or More

Utilities are among the safest equities in the global market, providing nifty profits to investors. They offer high and stable dividend yields, as well as significant capital appreciation. I decided to screen for the top five large-cap utility stocks offering 4% dividends or more. All of the companies show a maximum P/E ratio of 18 (data from finviz/morningstar, and current as of the July 17 close). Dominion Resources (D) will announce its Q2 earnings on July 28. As of the July 17 close, the Virginia-based company had a market cap of $27.9 billion with a 9.13 P/E and a 14.91 forward P/E. Estimated EPS growth for the next five years is 5.98%, while earnings increased by 136.41% this year. With a... Read more