Portfolio of Dividend Income Stocks: Electric Utilities
|11 Electric Utilities Stocks|
|American Electric Power||AEP||100.00||$234.00|
|Hawaiian Electric Industries||HE||100.00||$105.00|
|Total Dividend Income is:||$2,286.00|
|Dividend data from Alpha Vantage as of Nov-28-22.|
Look for a company that has consistent earnings growth, a long history of rising dividends and a reasonable payout ratio, which is the ratio of dividends to earnings. A low payout ratio (less than 70 percent) indicates the possibility of future dividend increases. A very high payout ratio (greater than 90 percent) may not be sustainable and may signal a dividend cut in the future.
If the dividend yield (annual dividend divided by stock price) is very high (greater than six or seven percent) the company may have problems - the high yield may be due to a low stock price. Be very wary of stocks with high dividend yields and high payout ratios.
The table and chart display dividend incomes for the last (trailing) year of dividends for 100 shares of each stock.