Craving consistent returns that brighten your portfolio like a million-watt bulb? Look no further than large cap utilities dividend stocks. These powerhouses of the electricity, gas, and water worlds are the unsung heroes of everyday life, keeping our appliances humming, our showers steaming, and our cities buzzing. But beyond keeping the lights on, they also dish out reliable dividends, showering loyal shareholders with sweet, passive income. Think of them as loyalty programs that pay you real money, year after year!
Key Takeaways
- Large cap utilities dividend stocks offer defensive qualities and consistent dividend payouts.
- Our picks boast strong financials, resilient demand, and attractive dividend yields.
- Consider factors like dividend growth history, payout ratio, and valuation.
- Diversification across sub-sectors enhances portfolio stability.
- The top 10 large cap utilities dividend stocks that we will discuss in this article are Cheniere Energy Partners LP, Dominion Energy Inc., Avangrid Inc., Brookfield Infrastructure Partners LP, Evergy Inc., FirstEnergy Corp., Entergy Corporation, Eversource Energy, Duke Energy Corporation, and American Electric Power Company Inc.
- Remember to do your own research before investing in any stock.
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Top 10 Large Cap Utilities Dividend Stocks
1. Cheniere Energy Partners LP (CQP)
Cheniere Energy Partners LP(NYSE:CQP) is an American energy company that specializes in liquefied natural gas (LNG) production and export. The company has a market capitalization of $22.8 billion and a dividend yield of 8.26%.
If you invest $1000 in Cheniere Energy Partners LP, you would receive an annual payout of $82.60.
2. Dominion Energy Inc. (D)
Dominion Energy Inc(NYSE:D). is an American power and energy company that produces and transports energy. The company has a market capitalization of $70.6 billion and a dividend yield of 5.67%.
If you invest $1000 in Dominion Energy Inc., you would receive an annual payout of $56.70.
3. Avangrid Inc. (AGR)
Avangrid Inc(NYSE:AGR). is an American energy services holding company that provides electric and natural gas services. The company has a market capitalization of $15.0 billion and a dividend yield of 5.37%.
If you invest $1000 in Avangrid Inc., you would receive an annual payout of $53.70.
4. Brookfield Infrastructure Partners LP (BIP)
Brookfield Infrastructure Partners LP(NYSE:BIP) is a Canadian company that specializes in infrastructure assets. The company has a market capitalization of $20.6 billion and a dividend yield of 4.86%.
If you invest $1000 in Brookfield Infrastructure Partners LP, you would receive an annual payout of $48.60.
5. Evergy Inc. (EVRG)
Evergy Inc(NYSE:EVRG). is an American energy company that provides electric power and natural gas services. The company has a market capitalization of $16.1 billion and a dividend yield of 4.75%.
If you invest $1000 in Evergy Inc., you would receive an annual payout of $47.50.
6. FirstEnergy Corp. (FE)
FirstEnergy Corp(NYSE:FE). is an American energy company that provides electric power services. The company has a market capitalization of $23.5 billion and a dividend yield of 4.32%.
If you invest $1000 in FirstEnergy Corp., you would receive an annual payout of $43.20.
7. Entergy Corporation (ETR)
Entergy Corporation(NYSE:ETR) is an American energy company that provides electric power services. The company has a market capitalization of $23.5 billion and a dividend yield of 4.30%.
If you invest $1000 in Entergy Corporation, you would receive an annual payout of $43.00.
8. Eversource Energy (ES)
Eversource Energy(NYSE:ES) is an American energy company that provides electric power and natural gas services. The company has a market capitalization of $31.5 billion and a dividend yield of 4.30%.
If you invest $1000 in Eversource Energy, you would receive an annual payout of $43.00.
9. Duke Energy Corporation (DUK)
Duke Energy Corporation(NYSE:DUK) is an American energy company that provides electric power and natural gas services. The company has a market capitalization of $86.2 billion and a dividend yield of 4.19%.
If you invest $1000 in Duke Energy Corporation, you would receive an annual payout of $41.90.
10. American Electric Power Company Inc. (AEP)
American Electric Power Company Inc(NYSE:AEP). is an American energy company that provides electric power services. The company has a market capitalization of $53.2 billion and a dividend yield of 4.14%.
If you invest $1000 in American Electric Power Company Inc., you would receive an annual payout of $41.40.
Conclusion
Investing in large cap utilities dividend stocks is like planting a money tree – with proper care and attention, it can blossom into a bountiful source of passive income. So, choose your champions wisely, diversify your grove, and watch your portfolio bask in the glow of consistent returns and financial freedom. Remember, it’s not just about the lights; it’s about illuminating your financial future with the power of dividends!
