Electric Utilities With Nuclear Power Plants Pay Steady Dividends

Well-managed electric utilities are excellent candidates for a dividend reinvestment portfolio. Typically, electric utilities generate lots of excess cash and pay it out as dividends to shareholders. And utilities with nuclear power plants are no exception.

The following table includes 18 dividend-paying electric utilities with nuclear operations.

18 Electric Utilities With Nuclear Power Plants
Company and Web Site	Quote	Annual Dividend and Yield	Dividend Chart	Price and PDI Chart	Multiyear Returns	Nuclear Power Plants
Ameren	AEE	$1.54 (5.90%)	Chart	Chart	Table	Callaway Nuclear Plant, Callaway County, MO.
American Electric Power	AEP	$1.64 (4.70%)	Chart	Chart	Table	Donald C. Cook Nuclear Plant, Lake Michigan's eastern shoreline.
CMS Energy	CMS	$0.60 (3.80%)	Chart	Chart	Table	Palisades, South Haven, MI.
Constellation Energy Group	CEG	$0.96 (2.70%)	Chart	Chart	Table	Calvert Cliffs Nuclear Power Plant, Lusby, MD. Nine Mile Point Nuclear Station, Oswego, NY. R.E. Ginna Nuclear Power Plant, Lake Ontario east of Rochester, NY. More...
DTE Energy	DTE	$2.12 (4.70%)	Chart	Chart	Table	Enrico Fermi, Detroit, MI.
Dominion Resources	D	$1.83 (4.50%)	Chart	Chart	Table	Catabwa, York County, SC. Millstone, Waterford, CT. North Anna, Louisa County, VA. Surry, Williamsburg, VA. More...
Duke Energy	DUK	$0.96 (5.80%)	Chart	Chart	Table	McGuire, Charlotte, NC. Oconee, Greenville, SC. More...
Edison International (Southern California Edison)	EIX	$1.26 (3.70%)	Chart	Chart	Table	San Onofre, San Clemente, CA.
Entergy	ETR	$3.00 (3.70%)	Chart	Chart	Table	Arkansas Nuclear One, Pope County, AK. River Bend, Baton Rouge, LA. Waterford, Taft, LA. Pilgrim, Plymouth, MA. Grand Gulf, Vicksburg, MI. Fitzpatrick, Oswego, NY. Indian Point, Buchanan, NY. Vermont Yankee, Windham County, VT. More...
Exelon Corporation	EXC	$2.10 (4.70%)	Chart	Chart	Table	Braidwood, Will County, IL. Byron Illinois, Ogle County, IL. Clinton, Clinton. IL. Dresden, Grundy County, IL. LaSalle County, LaSalle County, IL. Quad Cities, Davenport, IA, Rock Island, IL, Moline, IL and East Moline, IL. Limerick, Philadelphia, Pa. Peach Bottom, PA. Three Mile Island, Harrisburg, PA. More...
FPL Group	FPL	$2.00 (4.20%)	Chart	Chart	Table	St. Lucie, Ft. Pierce, FL. Turkey Point, Miami, FL. More...
PG&E Corporation	PCG	$1.82 (4.20%)	Chart	Chart	Table	Diablo Canyon, San Luis Obispo County, CA.
PPL Corporation	PPL	$1.40 (4.90%)	Chart	Chart	Table	Susquehanna, Luzerne County, PA.
Pinnacle West Capital	PNW	$2.10 (5.50%)	Chart	Chart	Table	Palo Verde, Wintersburg, AZ.
Progress Energy	PGN	$2.48 (6.20%)	Chart	Chart	Table	Brunswick, Brunswick County, NC. Crystal River 3, Citrus County, FL. H.B. Robinson, Hartsville, SC. Shearon Harris, Raleigh, NC. More...
Public Service Enterprise Group	PEG	$1.37 (4.40%)	Chart	Chart	Table	Hope Creek, Lower Alloways Creek Township, NJ. Salem Creek, Salem, NJ. Peach Bottom, PA. More...
SCANA Corporation	SCG	$1.90 (5.00%)	Chart	Chart	Table	V. C. Summer Station, Jenkinsville, SC.
Xcel Energy	XEL	$0.98 (4.60%)	Chart	Chart	Table	Monticello, Monticello, MN. Prairie Island, Red Wing, MN. More...
NOTE: Dividend data are from finance.yahoo.com as of Mar-20-2010. Note: There are 104 nuclear generating units in the U.S.

To follow the day-to-day progress of the Nuclear Electric Utilities portfolio, check out the chart below. It is updated each day, so the portfolio values are always current. The current value of the portfolio assumes that $555.56 was invested (total of $10,000) in each of the 18 stocks at its closing weekly price for the first week of January 2001.

Click chart to enlarge it.

To see a chart of current and past dividends for these stocks, use the buyupside.com Dividend Chart Maker.

Use the buyupside.com Dividend Growth Rate Calculator to see how fast dividends are growing for your favorite stocks.

To get more performance information about these stocks, use the buyupside.com Stock Return Calculator.

For a list of over 300 companies that have increased their dividends for at least 10 consecutive years read Mergent's Dividend Achievers.

The iShares Dow Jones US Utilities (IDU) tracks the Dow Jones Utilities Average.

See Daily Dividend-Paying Portfolio Updates On buyupside.com for a list of dividend-paying portfolios.

More Information:

For more information about nuclear power plants, see:

Overview of nuclear industry.
Statistics about U.S. nuclear reactors
List of reactors by states.
Complete list of nuclear power plants.

Related Articles:

Electric Utility Stocks Pay Steady Dividends
Natural Gas Limited Partnerships Pay High Dividends
Natural Gas Stocks Pay High Dividends
Why Dividends Matter

Updated Mar-20-2010.