Portfolio of Dividend Income Stocks: Electric Utilities


11 Electric Utilities Stocks

Returns

Symbol

#Shares

Dividend Income

American Electric Power AEP100.00$280.00
Consolidated EdisonED100.00$303.50
Dominion ResourcesD100.00$373.75
Duke EnergyDUK100.00$380.00
EntergyETR100.00$372.00
Hawaiian Electric IndustriesHE100.00$131.00
NextEra EnergyNEE100.00$545.00
PPL CorporationPPL100.00$165.75
Southern EnergySO100.00$252.00
Wisconsin EnergyWEC100.00$248.75
Xcel EnergyXEL100.00$169.50
Total Dividend Income is:$3,221.25
Dividend data from Alpha Vantage as of most recent close.




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.

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