Utility Dividend Stocks With Gaining Earnings Momentum Researched By Dividend Yield - Stock, Capital, Investment. Growth stocks are wonderful especially if they are at the beginning of their growth path. Growth normally creates shareholder value and if the company doesn't need much money to finance the growth, you can benefit already within the early stage.
In order to find some growth opportunities from the utility sector with current dividend payments, I screened the sector by stocks with a positive earnings growth (past five years). In order to catch up only those stocks with a gaining earnings growth, I observed only stocks with a quarter over quarter sales and earnings per share growth of more than five percent. Exactly twelve companies fulfilled these criteria. Eight of them are 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 16.38 and forward P/E ratio is 17.65. The dividend yield has a value of 3.57 percent. Price to book ratio is 2.02 and price to sales ratio 2.05. The operating margin amounts to 23.84 percent. Sales increased 22.12 percent compared to the figures from the same quarter last year (7.62 percent 5-year average) and the earnings per share grew 56.07 percent quarter over quarter (6.84 percent 5-year average).
Related stock ticker symbols:
CPL, PPL, HE, WR, POR, TRP, NEE, OKE, SWX, ITC, EQT, ELP