Learn about one of the largest investor-owned utilities with a 21-year track record of raising dividends. Covering both the electricity and natural gas markets, this utility’s economically operating region provides plenty of cash flows and a strong base for reliable dividend income. This allows its inclusion into our model of the safest dividend payers. With a market cap of $36.5B and a 3.40% forward yield, our pick provides strong appeal for risk-averse, income-focused investors.
In our in-depth analysis, we highlight the exceptional dividend safety and low returns risk as the top factors driving our “Buy” recommendation. The stock’s low 59% payout ratio and its 3-year dividend CAGR of 6% underscore its commitment to shareholder returns.
Our full analysis covers comprehensive aspects of yield strength, sentiment and returns potential, ensuring our investors are well-informed to achieve their financial goals of steady income and minimal volatility. Stay tuned for a detailed breakdown of why this stock is an excellent addition to your safe dividend portfolio.
