Energy is essential to moving the world’s economy and it can be essential to powering your own dividend portfolio. Our latest exceptional opportunity is one of the largest investor-owned utilities in the Great Plains states. Formed via a mega-merger, our pick’s prowess and steady cash flows help it pay a market-beating 4.26% forward dividend yield, which has grown 6.55% annually over the last three years since its formation. As a mid-cap with a market cap of $13.4 billion, our pick can provide plenty of capital gains potential as well.
Our comprehensive analysis highlights the utility’s overall strong yield, ranking it in the top 30% of all firms as well as its dividend safety and risk/reward proposition. This includes its rock-solid payout ratio of 65% and its low net-debt-to-ebitda ratio. These are key metrics for analyzing any bond-like utility investment and the steadiness of payout.
Stay tuned for the full analysis, designed to align with your goals of achieving reliable, high-yield income while minimizing risk.
