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The Best Dividend Growth Utility Stocks

Who doesn’t like a safe, stable utility dividend? In today’s zero-rate, VIX-spiking world, it’s a throwback to simpler times—the “old school” type of dividend we’d like to accumulate sufficiently to retire on! Heck, twenty years ago to this date, we could have bought shares in Southern Company (SO) and enjoyed a 6.5% yield . A $100,000 stake in Southern would have paid $6,500 every year in dividends. Plus, regular raises were on the way. After a stagnant few years, Southern began hiking its payout every year. That 6.5% yield would eventually grow to a fat 12.4% yield on cost : Southern’s 20-Year Yield Rise But wait, there was more.… Read more
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