Historic and Current Yield Comparisons for 4 Large Energy Utilities

Investors seeking higher yielding income equities often consider or hold energy utilities. These companies are known for having stable, growing markets. They are highly regulated, and the income streams in and out of these utilities are usually consistent and transparent. This is a review of the historic, year-end yield levels for four of the largest energy utilities within the S&P 500.Yield can go down even where the dividend increases. This happens in situations where the shares (equity) appreciate at a faster rate than the dividend grows. Therefore, while dividend growth is a function of the business and its management's decisions, yield per share is also a function of the market pricing of the company, its assets, and its dividend's relative payout rate/growth. Click on each chart to enlarge:American Electric Power Co., Inc. (AEP)Consolidated Edison Inc. (ED)Dominion Resources, Inc. (D)Duke Energy Corporation (DUK)Conversely, I have... Read more