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High-Yield (Over Five Percent) Electric Utility Stocks

Here is a list of electric utilities with annual dividend payouts less than annual earnings and with dividend yields over five percent. The dividend yields are up because of falling stocks prices.

Well-managed electric utilities are excellent candidates for a dividend reinvestment portfolio.

High-Yield Electric Utility Stocks
Company and Web Site
Quote
Annual Dividend and Yield
Service Areas
Ameren*
$2.54 (5.60%)
Illinois and Missouri
CH Energy Group*
$2.16 (5.50%)
New York
Consolidated Edison*
$2.34 (5.60%)
New York, New Jersey and Pennsylvania
DTE Energy*
$2.12 (5.30%)
Michigan
Energy East*
$1.24 (5.00%)
New York, Connecticut, Maine, and Massachusetts
$1.66 (6.70%)
Kansas and Missouri
Integrys Energy Group*
$2.68 (5.60%)
Illinois, Michigan, Minnesota, Wisconsin and more
NiSource*
$0.92 (5.20%)
Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana, Massachusetts, Maine, and New Hampshire
NorthWestern Energy
$1.32 (5.10%)
Montana, South Dakota, and Nebraska
Pinnacle West Capital
$2.10 (5.70%)
Arizona
Unitil*
$1.38 (5.10%)
Massachusetts and New Hampshire
Westar Energy
$1.16 (5.00%)
Kansas
NOTE: Dividend data are from finance.yahoo.com as April 11, 2008. An * denotes a natural gas business as well as electricity.

The iShares Dow Jones US Utilities (IDU) tracks the Dow Jones Utilities Average.


Related Articles:

Electric Utility Stocks Pay Steady Dividends
Utilities Select Sector SPDR Pays a Good Dividend
Why Dividends Matter


Posted April 12, 2008.


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