3 Top Utility Dividend Stocks to Buy Now
Utility stocks are a powerful way to boost your dividend income. Thanks to the defensive nature of their business and highly regulated revenue, utilities can generate stable cash flow and offer steady dividends. In fact, most utility stocks have not just paid dividends but have increased those dividends regularly for decades, which is why investors can bank on the sector for a steady flow of income and above-average yields.
Critics feared that rising interest rates could pressurize utility stocks, but the sector proved otherwise. Utilities across the board -- electricity, gas, and water -- continue to deliver strong operational numbers and maintain dividends, further strengthening the investing thesis for utility stocks. Some of the top utility stocks have logged double-digit returns year to date, giving investors a strong reason to remain bullish on the sector.
Data source: Finviz. Data as of Dec. 8, 2017. Chart by author.
Source: Fool.com
AES Corporation Stock
With 9 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 23 € there is a positive potential of 22.56% for AES Corporation compared to the current price of 18.77 €.
