πŸ‡©πŸ‡ͺ MU: The best dividend stocks in πŸ”§ Utilities

Dividends β†’ πŸ”§ Utilities πŸ‡©πŸ‡ͺ MU

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Dividend Stocks by Industry

Sector Average Yield: 3.41 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
πŸ’‘ Electric Utilities 23 3.66 %
πŸ’¨ Gas Utilities 14 3.68 %
πŸ‘¨πŸ»β€πŸ”§ Multi-Utilities 19 3.27 %
🚿 Water Utilities 6 1.91 %
πŸ— Independent Power and Renewable Electricity Producers 10 3.60 %

Sector Average Yield: β€’

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield

Sector Average Yield: 2.57 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
πŸ’‘ Electric Utilities 5 3.64 %
πŸ’¨ Gas Utilities 1 3.92 %
🚿 Water Utilities 6 1.88 %
πŸ— Independent Power and Renewable Electricity Producers 3 1.75 %

Sector Average Yield: 0.04 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
πŸ’‘ Electric Utilities 2 0.02 %
πŸ’¨ Gas Utilities 1 0.00 %
πŸ‘¨πŸ»β€πŸ”§ Multi-Utilities 3 0.05 %
🚿 Water Utilities 4 0.05 %
πŸ— Independent Power and Renewable Electricity Producers 4 0.06 %

Sector Average Yield: 8.08 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
πŸ’‘ Electric Utilities 10 8.08 %

Sector Average Yield: 3.00 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
πŸ’‘ Electric Utilities 9 2.41 %
πŸ’¨ Gas Utilities 12 3.39 %
πŸ— Independent Power and Renewable Electricity Producers 3 3.21 %

Sector Average Yield: 2.24 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 2.24 %

Sector Average Yield: 3.94 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
πŸ’‘ Electric Utilities 1 7.25 %
πŸ’¨ Gas Utilities 1 2.28 %
🚿 Water Utilities 1 2.28 %

Sector Average Yield: 1.23 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 2.17 %
πŸ— Independent Power and Renewable Electricity Producers 1 0.28 %

Sector Average Yield: 2.27 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 2.27 %

Sector Average Yield: 2.27 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 2.27 %

Sector Average Yield: 2.16 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 2.16 %

Sector Average Yield: 2.17 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 2.17 %

Sector Average Yield: 2.27 %

Calculated as the simple average of the dividend yields of a company in this group.

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 2.27 %

Top 43 dividend stocks in Utilities

Ticker Company Div.Rating Dividend Yield Market Capitalization Average Yield, 5y P/E ratio
UGI UGI UGI 6.14 % 9 B 3.7 % 9.85
Avista AVA Avista 4.94 % 3 B 4.1 % 18.35
Spire (Missouri) SR Spire (Missouri) 4.52 % 3 B 3.6 % 12.99
Eversource Energy ES Eversource Energy 4.18 % 29 B 3.1 % 23.76
Northwest Natural Holding NWN Northwest Natural Holding 3.57 % 1 B 3.7 % 15.67
Black Hills BKH Black Hills 3.44 % 4 B 3.5 % 17.01
Xcel Energy XEL Xcel Energy 3.37 % 35 B 2.9 % 22.82
Southwest Gas SWX Southwest Gas 3.24 % 4 B 3.3 % 15.90
DTE Energy DTE DTE Energy 3.16 % 21 B 3.0 % 24.79
PNM Resources PNM PNM Resources 3.15 % 4 B 2.8 % 21.69
IDACORP IDA IDACORP 2.86 % 5 B 2.9 % 20.65
Ameren AEE Ameren 2.83 % 22 B 2.7 % 22.19
Atmos Energy ATO Atmos Energy 2.80 % 12 B 2.4 % 18.31
CenterPoint Energy CNP CenterPoint Energy 2.57 % 17 B 3.1 % 19.05
California Water Service Group CWT California Water Service Group 2.16 % 3 B 1.7 % 29.20
Pinnacle West Capital PNW Pinnacle West Capital 4.73 % 7 B 4.2 % 13.04
NorthWestern NWE NorthWestern 4.62 % 3 B 4.2 % 16.06
Evergy EVRG Evergy 4.38 % 15 B 3.6 % 16.86
FirstEnergy FE FirstEnergy 4.28 % 21 B 4.0 % 19.34
Portland General Electric POR Portland General Electric 4.13 % 5 B 3.5 % 19.18
Duke Energy DUK Duke Energy 3.78 % 77 B 4.1 % 25.60
American Electric Power AEP American Electric Power 3.64 % 42 B 3.4 % 17.32
New Jersey Resources NJR New Jersey Resources 3.62 % 4 B 3.5 % 23.08
NiSource NI NiSource 3.48 % 10 B 3.4 % 21.97
ONE Gas OGS ONE Gas 3.47 % 4 B 3.0 % 17.55
Alliant Energy LNT Alliant Energy 3.38 % 14 B 3.1 % 23.22
Southern SO Southern 3.24 % 67 B 4.2 % 21.89
OGE Energy OGE OGE Energy 3.09 % 7 B 4.4 % 14.58
Otter Tail OTTR Otter Tail 2.69 % 3 B 2.9 % 19.44
MGE Energy MGEE MGE Energy 2.17 % 3 B 2.3 % 25.56
Chesapeake Utilities CPK Chesapeake Utilities 1.86 % 2 B 1.8 % 27.99
ALLETE ALE ALLETE 4.36 % 3 B 3.9 % 21.80
Consolidated Edison ED Consolidated Edison 3.42 % 28 B 3.7 % 23.40
Avangrid AGR Avangrid 3.68 % 20 B 3.9 % 27.54
Hawaiian Electric Industries HE Hawaiian Electric Industries 12.06 % 4 B 3.3 % 18.04
Dominion Energy D Dominion Energy 4.60 % 60 B 4.3 % 25.71
CMS Energy CMS CMS Energy 3.00 % 17 B 4.3 % 20.00
UNITIL UTL UNITIL 2.89 % 663 M 3.2 % 13.46
MDU Resources Group MDU MDU Resources Group 1.90 % 6 B 3.1 % 14.48
WEC Energy Group WEC WEC Energy Group 3.37 % 29 B 3.2 % 21.29
Entergy ETR Entergy 3.06 % 21 B 4.0 % 16.37
Artesian Resources ARTNA Artesian Resources 2.35 % 403 M 2.6 % 21.51
Chesapeake Utilities CH5 Chesapeake Utilities 2.28 % 2 B β€’ 25.21

Dividends represent one part of the company’s profits from the previous period. The company distributes them between its owner-shareholders. Businesses may pay out dividends, but they are not obliged to. The method that is used to calculate the dividend is described in the company's dividend policy or articles of association. The clearer and more transparent the calculation principle, the more investors love the company. Many factors affect whether dividends are paid out. The main ones are the need for financing by major shareholders and tax optimization. So, if the state in the person of a fund or state-supported organization is one of the shareholders, the payment of regular dividends is practically guaranteed. The same is true, but to a lesser extent, in the case of a serious debt burden that is incurred by one of the business owners.