Top-Yielding Electric Utility Stocks - 12339 views

Investors have historically turned to utilities for income, capital appreciation potential, safety and security. Although they can no longer be considered totally safe and secure, they can provide great yields and many have risen in price during 2007. You can download the entire list of electric utilities in an Excel format the data in which can be sorted, at WallStreetNewsNetwork.com. Here are some of the ones with the highest yield.

The one with the highest yield is Dominion Resources (D), which pays out 6.7%. The company is based in Richmond, Virginia, has a P/E of 14 and a PEG of 2.14.

The top yielding middle states utility is Great Plains Energy (GXP), based in Kansas City, Missouri, and yields 5.7%. The stock has a P/E of 16.6 and a PEG of 4.89.

The highest yielding western states utility is Hawaiian Electric Industries (HE), which yields 5.4%. The stock has a P/E of 30 and a PEG of 2.67.

In the northern states, the Chicago-based Integrys Energy Group (TEG) is the highest yielder at 5.1%. The stock has a P/E of 17 and a PEG of 1.99.

In the southwest, the yield leader is Pinnacle West Capital (PNW), which pays 4.9%. The stock has has a P/E of 13 and a PEG of 2.55.

The highest yielding Midwest utility is Nisource (NI), based in Merrillville, Indiana., which yields 4.9%. The stock has a P/E of 16.4 and a PEG of 4.1.

In the northeast, Unitil (UTL), based in Hampton, New Hampshire, is the highest yielding utility at 4.8%.

In the eastern U.S., CH Energy Group (CHG) has the highest yield at 4.9%. This Poughkeepsie, New York based company has a P/E of 16.6.

The highest yielding utility in the southeastern U.S. is TECO Energy (TE), in Tampa, Florida, which yields 4.5%. The stock has a P/E of 12.3 and a PEG of 3.38.

Remember, that all yields and the stock prices are subject to fluctuation. You can get a download of all the other high yield electric utility stocks at WallStreetNewsNetwork.com.

By Stockerblog.com.

Author does not own any of the above.

By:etq2000

Date: 01/12/08

The yield reported for Dominion Resources (D) is NOT 6.7% as stated in "Top Yielding Electric Utility Stocks". It's about half that rate!

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