17 Highest Yielding Electric Utility Stocks With Profits To Pay Dividends

With the recent market drop, it may be the time to invest in quality companies that are now paying a higher yield. I have had a focus on utilities lately (click here to read my electric utility retirement list), so it was a natural place for me to start. I setup an EDGAR online screener to find electric utilities that pay a dividend. I don't want to look at all the stocks that pay a dividend so I filtered the results based on the following: Must trade at least 500K shares a day on average. Dividend yield must be a minimum of 3%. Must not have a payout ratio over 70% based on the last quarter. Yield % Payout Ratio Recent Price P/E Ratio DUK 5.48 64.76 $18.35 11.84 ETR 5.37 46.76 $62.48 8.6 PPL 5.13 57.99 $27.20 11.23 SCG 5.03 64.64 $39.15 13.08 AEP 4.97 58.91 $37.37 12.39 DTE... Read more