The utilities sector has been one of the few bright spots in financial markets over the past year. It makes sense, too. Regardless of how the economy performs, people still need to keep the lights on. Our latest reaffirmation to the Best Utility Dividend Stocks List has enjoyed an expanding user base and service territory for years. Its solid growth is reflected in its steady dividend payout, which has grown for nearly two decades. Investors have until Thursday, Feb. 16, to reap the next regular quarterly dividend of $1.005 per share.
You can check out the Best Utility Dividend Stocks List to explore all the stocks.
Thanks to its strong dividend profile and likely transition into a pure-play regulated utility company, our pick provides a solid investment opportunity for income investors. Our pick has a strong presence in the Midwestern United States – and while that may not seem like much on the surface, it could be a boon for future growth as Millennials relocate to more affordable states.
