The utility sector is one of the best sectors for reliable dividend income. Three of the most dependable, highest-yielding dividend stocks for income are found in the sector. Each of these regulated utility companies essentially operates as a monopoly in its service area and generates predictable earnings and dividend growth. Let's take a look at the three high-yield utility stocks that are paying out safe, reliable income...
Consolidated Edison (ED), known as ConEd by consumers, this company provides electric and gas services to about 3.7 million and 1.2 million customers, respectively. Duke Energy's (DUK) operating history dates back to the early 1900s, and the company has grown to become the largest electric utility in America, with more than $23 billion in annual sales. Southern Co.(SO) is a major producer of electricity in the United States and has been in business for more than a century.
Source: The Street
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