To say utility stocks are less than interesting would be an understatement. Utilities are downright boring, trading almost like bonds because of their (usually) steady dividends. Growth – at least in comparison to the potential of technology or consumer discretionary stocks – just isn’t in the cards for this group, even though the current presidential administration is as energy-production-friendly as any in recent history.
But for some investors, boring can be beautiful – particularly when the goal is sleeping well at night and driving a little income.
Here’s a closer look at 15 of the utility sector’s top prospects for long-term investors. Whether it’s ever-growing payouts, diverse sources of revenue or a stronghold on their respective markets, there’s plenty to like about all of them.
SEE ALSO: The Kiplinger Dividend 15: Our Favorite Dividend-Paying Stocks
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Date — November 9, 2017 5:00 am
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