11-26-2018, 12:24 AM
I love my utilities as well, hard to beat the consistent growth and attractive yields.
Here are a few others to consider looking into.
NextEra Energy (NEE) - A lower yield, but high growth for a utility. The leader in renewable energy, and the largest utility I follow at a nearly $85B market cap. Should see several more years of double-digit dividend growth ahead.
WEC Energy (WEC) - Formerly Wisconsin Energy, this is a consistent ~7% grower with an A- credit rating and 15-year streak of increases. A bit expensive at a 21 PE, but still yields over 3%.
CenterPoint Energy (CNP) is on my watch list and looks attractively valued now. Yields just over 4%.
I also like the water utilities American Water Works (AWK) and Aqua America (WTR). AWK is pretty expensive, but WTR is trading fairly close to its historical valuation level.
Long D, XEL, WEC, NEE, AWK.
Here are a few others to consider looking into.
NextEra Energy (NEE) - A lower yield, but high growth for a utility. The leader in renewable energy, and the largest utility I follow at a nearly $85B market cap. Should see several more years of double-digit dividend growth ahead.
WEC Energy (WEC) - Formerly Wisconsin Energy, this is a consistent ~7% grower with an A- credit rating and 15-year streak of increases. A bit expensive at a 21 PE, but still yields over 3%.
CenterPoint Energy (CNP) is on my watch list and looks attractively valued now. Yields just over 4%.
I also like the water utilities American Water Works (AWK) and Aqua America (WTR). AWK is pretty expensive, but WTR is trading fairly close to its historical valuation level.
Long D, XEL, WEC, NEE, AWK.