Best Dividend Paying Utilities Researched By "long-term-investments.blogspot.com". The utility sector is a great investment field with fantastic value and sustainable high dividends. The whole sector has a total market capitalization of USD 18.68 trillion and summarizes 117 companies. The average dividend yield amounts to 4.24 percent and the P/E ratio is 15.51.
In order to find the best dividend paying stocks within the sector, I screened all companies with a positive dividend yield, great earnings per share growth of more than five percent and an operating margin over 20 percent. In order get the best results in terms of low debt and high cash, the debt to equity ratio should be under 1. Twelve utility companies remained of which nine yielding over three percent and eight are currently recommended to buy.
Here is the full table with some fundamentals:
Take a closer look at the full table. The average price to earnings ratio (P/E ratio) amounts to 18.65 and forward P/E ratio is 15.70. The dividend yield has a value of 3.77 percent. Price to book ratio is 1.71 and price to sales ratio 2.34. The operating margin amounts to 22.94 percent and the beta ratio is 0.61. The average stock has a debt to equity ratio of 0.82.
Related stock ticker symbols:
PNG, PEG, ALE, LNT, PNW, NU, ENI, AWR, YORW, OGE, SBS, EQT