12 High Dividend Energy Stocks For Income Investors

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Includes: AEP, COP, DTE, DUK, ENB, ETR, EXC, NEE, PEG, PPL, SCG, XEL
by: Dividendinvestr

Defensive investors like high dividend stocks since they believe these stocks can protect them from potential inflation. Below we prepared a list of 12 energy companies that pay fat dividend checks and have low P/E ratios. All companies on this list have a market capitalization above $5 billion, P/E ratio lower than 15 and dividend yield of at least 4%.

1- American Electric Power (NYSE:AEP): AEP is an electric utilities company that generates and distributes electric power to retail clients in the United States. AEP owns nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation's largest electricity transmission system, a nearly 39,000-mile network. AEP recently traded at $37.5 and has a 4.9% dividend yield. AEP gained 7.9% during the past 12 months. The stock has a market cap of $18.1 billion, P/E ratio of 12.2 and Total Debt/Equity ratio of 1.31.

2- ConocoPhillips (NYSE:COP): ConocoPhillips is an integrated energy company operating worldwide. ConocoPhillips has 16 refineries (12 in US) and 2.4 MMBPD refining capacity. ConocoPhillips is also largest gas gatherer and processor in the US. COP recently traded at $62.5 and has a 4.2% dividend yield. COP gained 15% during the past 12 months. The stock has a market cap of $85.8 billion, P/E ratio of 7.9 and Total Debt/Equity ratio of 0.33. Value investor Bill Miller and Warren Buffett are bullish about COP too.

3- DTE Energy Co. (NYSE:DTE): DTE Energy Co. is a US utilities company that generates and distributes electricity and natural gas primarily in Michigan. DTE Energy planning to achieve 5% - 6% long-term operating EPS growth, an attractive dividend yield and a strong balance sheet. DTE recently traded at $48.5 and has a 4.9% dividend yield. DTE gained 10.9% during the past 12 months. The stock has a market cap of $8.2 billion, P/E ratio of 11.9 and Total Debt/Equity ratio of 1.18.

4- Duke Energy Corporation (NYSE:DUK): Duke Energy Corp is an energy company primarily located in the Americas. DUK recently traded at $19.8 and has a 5.1% dividend yield. DUK gained 16.1% during the past 12 months. The stock has a market cap of $26.3 billion, P/E ratio of 12.9 and Total Debt/Equity ratio of 0.84.

5- Entergy Corporation (NYSE:ETR): ETR is an energy company that produces and distributes electric power. ETR recently traded at $65.3 and has a 5.1% dividend yield. ETR lost 10.3% during the past 12 months. The stock has a market cap of $11.6 billion, P/E ratio of 9.3 and Total Debt/Equity ratio of 1.39.

6- Exelon Corp. (NYSE:EXC): EXC is an energy company delivering electricity and natural gas in the United States. EXC recently traded at $42.4 and has a 5% dividend yield. EXC gained 3.8% during the past 12 months. The stock has a market cap of $28.1 billion, P/E ratio of 10.6 and Total Debt/Equity ratio of 0.97.

7- NextEra Energy, Inc. (NYSE:NEE): Nextera Energy Inc. is a US energy company that generates and distributes renewable energy in the United States and Canada. NEE recently traded at $53.8 and has a 4.1% dividend yield. NEE gained 2.7% during the past 12 months. The stock has a market cap of $22.7 billion, P/E ratio of 12.3 and Total Debt/Equity ratio of 1.44.

8- Public Service Enterprise Group Inc. (NYSE:PEG): PEG is an energy company with a diversified business mix. PEG recently traded at $33.6 and has a 4.1% dividend yield. PEG gained 6.7% during the past 12 months. The stock has a market cap of $17 billion, P/E ratio of 10.5 and Total Debt/Equity ratio of 0.86.

9- PPL Corporation (NYSE:PPL): PPL is an energy company that delivers electricity and natural gas in the United States and the United Kingdom. PPL recently traded at $28.5 and has a 4.9% dividend yield. PPL gained 9.5% during the past 12 months. The stock has a market cap of $16.5 billion, P/E ratio of 11.4 and Total Debt/Equity ratio of 1.73.

10- SCANA Corp. (NYSE:SCG): SCANA Corporation is an energy company providing electricity to retail and wholesale customers in the United States. SCG recently traded at $39.8 and has a 4.9% dividend yield. SCG gained 3.2% during the past 12 months. The stock has a market cap of $5.1 billion, P/E ratio of 13.4 and Total Debt/Equity ratio of 1.37.

11- Spectra Energy Corp. (NYSE:SE): Spectra Energy Corp is a natural gas infrastructure company owns and operates a portfolio of complementary natural gas-related energy assets. SE recently traded at $24.4 and has a 4.3% dividend yield. SE gained 14.1% during the past 12 months. The stock has a market cap of $15.9 billion, P/E ratio of 13.8 and Total Debt/Equity ratio of 1.3.

12- Xcel Energy Inc. (NYSE:XEL): Xcel Energy Inc. is a public utility company that provides electricity and natural gas delivery services in the United States. XEL recently traded at $24.7 and has a 4.2% dividend yield. XEL gained 12.3% during the past 12 months. The stock has a market cap of $12 billion, P/E ratio of 14.5 and Total Debt/Equity ratio of 1.2.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.