While some industries see their fortunes rise and fall along with overall economic conditions, such as automakers or large-appliance makers, other industries, such as utilities, are more "defensive." Their offerings remain in demand no matter what the economy is doing. Better still, many utility companies pay substantial dividends.
More than a handful of utility companies had strong performances over the past year. NextEra Energy (NYSE: NEE), for example, jumped 24%. NiSource (NYSE: NI), meanwhile, a holding company focused on gas and electricity, gained 21%, and yields 3.4%. British-American utility PP&L (NYSE: PPL) advanced 9%, and yields 4.8%. Exelon (NYSE: EXC) shed 11%, and has also been saving itself and its customers money via smart grids. Demand for energy and utilities isn't going away anytime soon. A well-chosen ETF can grant you instant diversification across any industry or group of companies -- and make investing in and profiting from it that much easier.
Source: Motley Fool
Related Articles:
- 9 High-Yielding Mega-Cap Stocks
- Best Stocks for 2013
- Dividend Investors Should Focus On Stocks, Not The Market
- The Secret Ingredient of Dividend Growth Stocks
- 9 High-Yield Stocks With A Low Price To Book
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
For income investors who want to use the “buy-and-hold” strategy, few things are better than monthly dividends. The problem is that among th...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
The goal: To build a high and steady stream of income. Using the plan, my followers and I are creating a portfolio that can pay us more than...
-
In life there are precious few things that are lily pure in which nothing negative could rightfully be said about them. I am not foolish e...
-
Stocks that have a strong history of dividend growth have superior fundamentals and form a healthy and safe portfolio as opposed to those th...
-
When sitting down today and looking for investments worth owning over the next 20 years, my first question was where to begin looking. Lucki...
-
Today’s chart highlights “cash cows,” my favorite place to find high-yield dividend stocks. Cash cows represent mature businesses. Because t...
0 comments
Post a Comment
Post a Comment