Water utility companies provide drinking water and wastewater services for residential, commercial, and industrial sectors on municipal, state, and federal levels. Many times, these are natural monopolies and are stable, established corporations. These companies generally pay average to slightly above average dividend yields.
Providing clean water all over the world is a significant global challenge, both for water utility stocks and for conservationists. In a 2012 article, I mentioned that the United Nations and organizations such as Water.org were addressing this problem. Today I focus on water conservation on Main Street -- where water bills are higher due to new water meters and the general overuse of water.
But high water bills may make water utility stocks more appealing for investors.
The following table includes 11 water utilities. Many water utilities have multiyear histories of increasing their dividends making them candidates for a dividend reinvestment portfolio.
Here are the 11 Best Dividend Paying Water Utilities Dividend Stocks...
Dividend Income orientated Blog. Ideas and Thoughts about Stocks, Dividends and Growth Opportunities.
Showing posts with label Water. Show all posts
Showing posts with label Water. Show all posts
8 Small Cap Dividend Growth Stocks Warren Buffett Would Love
The fascinating
thing about low market valuations is that the company can grow at a faster pace
because their current market potential seems to be enormous.
The bad thing
about those stocks is that they offer a higher risk. However, let's try the screen and face the
facts.
Here are the results:
5 Stocks Paying Over 100 Years Cash | High Profile Dividend History
Now day’s experts are recommending those dividends paying stocks
that consistently paid dividends during depressions, financial recessions,
world wars, and other political and economic ruin.
Here are some high quality growth stocks to consider:
- Middlesex Water (NASDAQ: MSEX) is a water
utility company. This company provides quality water and
wastewater service to residents in parts of New Jersey and Delaware, and
beyond. It works in two segments: regulated or non-regulated. Its regulated
segment has contributed 90% of total revenue since December 31st,
2011. In the parts of New Jersey, Delaware and Pennsylvania its regulated
segment collect, treat and distribute the water on a retail and wholesale
residential, commercial, industrial and fire protection customers. The
Non-Regulated segment consists of non-regulated segments contract services for
the maintenance of municipal and private water and wastewater systems in New
Jersey and Delaware.
·
Dividend paid since 1912.
·
Dividend yield is 3.9%.
·
The total value of the company
in the stock market is 307.77 mn.
·
Price to earnings ratio is
21.77.
- H.J. Heinz Company (NYSE: HNZ)
is commonly known as “Heinz”. This is famous for its "57 Varieties"
slogan and its ketchup. This is a U.S. food processing company with world
headquarters in Pittsburgh, Pennsylvania. The company is widely engaged in
manufacturing and marketing of food products throughout the world. This principally
produces ketchups, condiments and sauces, frozen foods, soup, beans and pasta
meal, infant nutrition and other food products. This has operated in five
segments such as North American Consumer Products, Europe, Asia/Pacific, U.S.
Foodservice and Rest of World.
·
Dividend paid since 1911.
·
Dividend yield is 3.7%.
·
The total value of the company
in the stock market is 23.26 bn.
·
Price to earnings ratio is
22.28.
- MGE Energy (NASDAQ:
MGE) is a holding company which is based in Madison. This is wholly own
subsidiary of MGE energy. This works in five segments: Regulated electric
utility operations, Regulated gas utility operations, Non-regulated energy
operations, transmission investments and investing in companies and property
that relate to the regulated operations and financing the regulated operations.
Its primary asset is Madison Gas and Electric Co. (MGE), which are regulated
utility providing natural gas and electric service and promoting economic
development. In MGE Energy also includes MGE Power LLC, MGE Power West Campus,
LLC, MGE Power Elm Road, LLC, MGE Transco Investment LLC, Central Wisconsin
Development Corporation, MAGAEL, LLC, and MGE Construct LLC.
MGE generates and distributes electricity to 139,000 customers in
Dane County. Purchases and distributes gas to 144,000 customers in seven
south-central and western Wisconsin counties. At the end of 2011, MGE Energy's
assets total nearly $1.5 billion.
·
Dividend paid since 1909.
·
Dividend yield is 3.3%.
·
The total value of the company
in the stock market is 1.27 bn.
·
Price to earnings ratio is
19.75.
- Teco Energy (NYSE:
TE) is also a holding company. This is a S&P 500 energy-related company
based in Tampa, Florida. It electrical division provides retail electric
service to more than 678,000 customers in West Central Florida with a net
winter system generating capability of 4,684 megawatts. It regulated Florida
operations of Tampa Electric and Peoples Gas, TECO Energy businesses are
engaged in coal production in TECO Coal in Kentucky and Virginia and electric
power generation and related businesses in TECO Guatemala. In 2000, TECO Energy
was fined $3.5 million for making changes in emissions producing facilities
without installing new updated pollution controls. In 2004 leads in coal and
natural gases. In 2010 it will reduce nitrogen oxide emissions at the plant by
approximately 85 percent from levels recorded in 1998.
·
Dividend paid since 1900.
·
Dividend yield is 4.6%.
·
The total value of the company
in the stock market is 3.77 bn.
·
Price to earnings ratio is
15.24.
- Avista Corporation (NYSE:
AVA) is an energy company. Its function is the generation, transmission and
distribution of energy or other energy related businesses. AVA has two
business segments: Avista Utilities and Ecova. The company is providing reliable and
safe energy services to customers in eastern Washington, northern Idaho and
parts of southern and eastern Oregon.
·
Dividend paid since 1899.
·
Dividend yield is 4.3%.
·
The total value of the company
in the stock market is 1.58 bn.
·
Price to earnings ratio is
20.04.
For more stocks whose pay dividend, have a good dividend yield,
good dividend history and strong market value you can visit the site http://www.dividendinvestor.com/
The Best Yielding Utilities With Fastest Earnings Growth
Utility Stocks With Best Growth Forecasts And Highest Yield Researched by Dividend Yield - Stock, Capital, Investment. Growth is an important item for wealth. If you own a business that doubles sales and income in ten years, your investment should have a return of 7.2 percent. If you double it in five years, you will have a return of 14.9 percent. Let’s take a look at the best growth stocks with attractive dividend yields within the utility sector. Utilities are wonderful investment objects because they generate stable revenues. 77 percent of all listed utility stocks have a beta ratio (volatility measure) of less than one.
11 Water Utilities With Best Dividend Yield
Best Yielding Water Utilities by Dividend Yield - Stock, Capital, Investment. Here is a current sheet of the best yielding water utilities. In total, 11 stocks are listed of which 2 have a dividend yield of more than 4 percent.
Here is the table with some fundamentals:
 |
| Best Yielding Water Utilities (Click to enlarge) |
The average price to earnings ratio (P/E ratio) amounts to 20.7 while the average forward P/E ratio is 17.4. The dividend yield has an average value of 3.4 percent. Price to book ratio is 1.8 and price to sales ratio 2.7.
Related stock ticker symbols:
ARTNA, MSEX, CWCO, CTWS, CWT, AWR, AWK, YORW, SJW, WTR, PNNW
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