In today’s world, having reliable power isn’t a luxury but a necessity. After a volatile hurricane season, residents across the United States are looking to utility providers to safeguard the critical infrastructure needed to keep the lights on during extreme weather. Our latest reaffirmation in the Best Utility Dividend Stocks List is working with regulators to improve service reliability in regions vulnerable to hurricanes. The company recently reported a nearly 4% increase in its regular dividend. Investors have until Wednesday, May 3, to capitalize on the strategy.
You can check out the Best Utility Dividend Stocks List to explore all the stocks.
Thanks to its large service area, investments in renewables and favorable earnings guidance, our pick makes a welcome addition to income investors’ portfolios.
Our pick is poised to have a solid 2023 after hurricane season impacted its bottom line in 2022.
