The AI (ChatGPT) Dividend Handbook: Portfolio of Utilities Dividend Stocks

Here is the response from ChatGPT for the prompt discuss five utilities dividend stocks symbols 400 words entered on May 25, 2023.

Here are five utilities dividend stocks along with their respective ticker symbols and a brief overview of each company:

1. Duke Energy Corporation (DUK): Duke Energy is one of the largest electric power holding companies in the United States. It operates a diverse portfolio of power generation assets, including nuclear, coal, natural gas, and renewable energy. Duke Energy serves millions of customers across several states and has a long history of paying dividends. The company's regulated operations provide a stable and predictable cash flow, supporting its ability to pay consistent dividends.

2. NextEra Energy, Inc. (NEE): NextEra Energy was mentioned earlier as a clean energy company, but it also operates as a regulated electric utility. It serves customers in Florida through its subsidiary, Florida Power & Light Company. NextEra Energy has a strong dividend track record and aims to increase its dividend per share annually. The company's regulated utility operations and its leading position in renewable energy make it an attractive dividend stock in the utilities sector.

3. Dominion Energy, Inc. (D): Dominion Energy, previously discussed as an energy dividend stock, also operates as a regulated utility. It provides electric and natural gas services to customers in several states, primarily in the eastern United States. Dominion Energy has a reliable dividend history and strives to increase its dividend at a rate higher than inflation. The company's regulated utility operations offer stability and a consistent income stream for investors.

4. American Electric Power Company, Inc. (AEP): American Electric Power is one of the largest electric utilities in the United States, serving customers in eleven states. The company generates and distributes electricity through various sources, including coal, natural gas, and renewable energy. American Electric Power has a consistent dividend payment track record and aims to maintain a competitive dividend yield. Its regulated utility business provides a stable income stream for investors.

5. Consolidated Edison, Inc. (ED): Consolidated Edison, commonly known as Con Edison, is a utility holding company that provides electric, gas, and steam services to customers in the New York City metropolitan area. The company has a long-standing history of paying dividends and aims to deliver annual dividend growth. Con Edison's regulated utility operations, along with its focus on energy efficiency and renewable energy initiatives, make it an appealing choice for income-oriented investors.

Investing in utility dividend stocks can offer stability and consistent income, as these companies typically operate in regulated markets. However, it's important to consider the regulatory environment, interest rate changes, and other factors that may impact the utilities sector. Conducting thorough research, evaluating individual investment goals, and consulting with a financial advisor are recommended before making any investment decisions.

Table and Chart of Portfolio of Utilities Dividend Stocks Performance (From buyupside.com. Not from chatGPT.)

Values are based on monthly closes adjusted for splits and dividends from Alpha Vantage.

Portfolio Values

To inspect the performance of the Portfolio of Utilities Dividend Stocks portfolio, see the chart below. Portfolio values are computed using monthly closes for stocks from Alpha Vantage.

All 5 stocks are included in the portfolio computations. The current value of the portfolio assumes that $2,000.00 was invested in each stock at its closing monthly price for the first date shown on the portfolio value chart below. All prices are adjusted for splits and dividends.

The current value of the $10,000 investment is $13,443. The percent return is 34.43%. The annualized return is 6.10%.