Portfolio of Dividend Income Stocks: Electric Utilities

10 Electric Utilities Stocks
Name & Returns	Symbol & Snapshot	#Shares	Dividend Income
American Electric Power	AEP	100.00	$322.00
Consolidated Edison	ED	100.00	$318.00
Dominion Energy	D	100.00	$267.00
Duke Energy	DUK	100.00	$400.00
Entergy	ETR	100.00	$416.00
Hawaiian Electric Industries	HE	100.00	$141.00
PPL Corporation	PPL	100.00	$67.50
Southern Energy	SO	100.00	$272.00
Wisconsin Energy	WEC	100.00	$296.25
Xcel Energy	XEL	100.00	$146.25
Total Dividend Income is:			$2,646.00
Dividend data from Alpha Vantage as of Mar-23-23.
Display Price Chart for each stock.
Display Dividend Chart for each stock.

Well-managed electric utilities are excellent candidates for a stock income portfolio. Typically, electric utilities generate lots of excess cash and pay it out as dividends to shareholders.

Look for a company that has consistent earnings growth, a long history of rising dividends and a reasonable payout ratio, which is the ratio of dividends to earnings. A low payout ratio (less than 70 percent) indicates the possibility of future dividend increases. A very high payout ratio (greater than 90 percent) may not be sustainable and may signal a dividend cut in the future.

If the dividend yield (annual dividend divided by stock price) is very high (greater than six or seven percent) the company may have problems - the high yield may be due to a low stock price. Be very wary of stocks with high dividend yields and high payout ratios.

The table and chart display dividend incomes for the last (trailing) year of dividends for 100 shares of each stock.

See Portfolio of Electric Utilities Stocks.

See Dividend Income Stocks Portfolio Builder: Utilities.

See Portfolio Builder for User Selected Dividend Income Stocks.