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

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

Dividend Stocks by Industry

Sector Average Yield: 3.50 %

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 3.79 %
πŸ’¨ Gas Utilities 14 3.54 %
πŸ‘¨πŸ»β€πŸ”§ Multi-Utilities 19 3.43 %
🚿 Water Utilities 6 2.07 %
πŸ— Independent Power and Renewable Electricity Producers 10 3.74 %

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: 2.70 %

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 3.67 %
πŸ’¨ Gas Utilities 1 4.23 %
🚿 Water Utilities 6 2.21 %
πŸ— Independent Power and Renewable Electricity Producers 3 1.53 %

Sector Average Yield: 0.05 %

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 0.07 %

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: 2.78 %

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 2.76 %
πŸ’¨ Gas Utilities 12 2.86 %
πŸ— Independent Power and Renewable Electricity Producers 3 2.48 %

Sector Average Yield: 1.89 %

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

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 1.89 %

Sector Average Yield: 3.82 %

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 1.92 %

Sector Average Yield: 1.05 %

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

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 1.82 %
πŸ— Independent Power and Renewable Electricity Producers 1 0.28 %

Sector Average Yield: 1.91 %

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

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 1.91 %

Sector Average Yield: 1.72 %

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

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 1.72 %

Sector Average Yield: 1.82 %

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

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 1.82 %

Sector Average Yield: 1.83 %

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

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 1.83 %

Sector Average Yield: 1.91 %

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

Sector Company Count Sector Dividend Yield
🚿 Water Utilities 1 1.91 %

Top 43 dividend stocks in Utilities

Ticker Company Div.Rating Dividend Yield Market Capitalization Average Yield, 5y P/E ratio
Avista AVA Avista 5.21 % 3 B 4.6 % 18.35
Spire (Missouri) SR Spire (Missouri) 3.96 % 3 B 4.1 % 12.99
Black Hills BKH Black Hills 3.68 % 4 B 4.0 % 17.01
Northwest Natural Holding NWN Northwest Natural Holding 3.61 % 1 B 4.1 % 15.67
Atmos Energy ATO Atmos Energy 3.47 % 12 B 2.5 % 18.31
PNM Resources PNM PNM Resources 3.15 % 4 B 2.8 % 21.69
Xcel Energy XEL Xcel Energy 3.07 % 35 B 3.2 % 22.82
MDU Resources Group MDU MDU Resources Group 2.86 % 6 B 2.8 % 14.48
IDACORP IDA IDACORP 2.51 % 5 B 3.0 % 20.65
CenterPoint Energy CNP CenterPoint Energy 2.34 % 17 B 2.6 % 19.05
Eversource Energy ES Eversource Energy 4.40 % 29 B 3.8 % 23.76
DTE Energy DTE DTE Energy 3.55 % 21 B 3.2 % 24.79
Ameren AEE Ameren 2.74 % 22 B 2.9 % 22.19
California Water Service Group CWT California Water Service Group 2.64 % 3 B 2.0 % 29.20
Chesapeake Utilities CPK Chesapeake Utilities 2.11 % 2 B 1.9 % 27.99
NorthWestern NWE NorthWestern 4.78 % 3 B 4.6 % 16.06
FirstEnergy FE FirstEnergy 4.63 % 21 B 4.2 % 19.34
Portland General Electric POR Portland General Electric 4.36 % 5 B 4.1 % 19.18
NiSource NI NiSource 3.93 % 10 B 3.4 % 21.97
Duke Energy DUK Duke Energy 3.90 % 77 B 3.9 % 25.60
American Electric Power AEP American Electric Power 3.88 % 42 B 3.6 % 17.32
UNITIL UTL UNITIL 3.51 % 663 M 3.3 % 13.46
Evergy EVRG Evergy 3.42 % 15 B 4.0 % 16.86
ONE Gas OGS ONE Gas 3.37 % 4 B 3.5 % 17.55
Southern SO Southern 3.33 % 67 B 3.8 % 21.89
Otter Tail OTTR Otter Tail 3.25 % 3 B 2.6 % 19.44
CMS Energy CMS CMS Energy 3.17 % 17 B 4.5 % 20.00
Alliant Energy LNT Alliant Energy 3.05 % 14 B 3.1 % 23.22
Pinnacle West Capital PNW Pinnacle West Capital 4.87 % 7 B 4.4 % 13.04
OGE Energy OGE OGE Energy 3.48 % 7 B 4.5 % 14.58
New Jersey Resources NJR New Jersey Resources 3.45 % 4 B 3.8 % 23.08
MGE Energy MGEE MGE Energy 2.43 % 3 B 2.2 % 25.56
ALLETE ALE ALLETE 4.49 % 3 B 4.2 % 21.80
WEC Energy Group WEC WEC Energy Group 3.53 % 29 B 3.5 % 21.29
Consolidated Edison ED Consolidated Edison 3.26 % 28 B 3.6 % 23.40
Artesian Resources ARTNA Artesian Resources 2.51 % 403 M 2.9 % 21.51
UGI UGI UGI 3.95 % 9 B 4.5 % 9.85
Avangrid AGR Avangrid 3.68 % 20 B 3.9 % 27.54
Southwest Gas SWX Southwest Gas 2.82 % 4 B 3.5 % 15.90
Hawaiian Electric Industries HE Hawaiian Electric Industries 12.06 % 4 B 3.3 % 18.04
Dominion Energy D Dominion Energy 4.06 % 60 B 4.4 % 25.71
Entergy ETR Entergy 2.38 % 21 B 3.9 % 16.37
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.