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Could Investing in These American-Made High Yielders Pay Dividends for Your Portfolio?
If you are looking for American-made dividend stocks, you can't do much better than buying U.S. utilities. Companies like NextEra Energy (NYSE: NEE), Black Hills (NYSE: BKH), and American Electric Power (NASDAQ: AEP) are built on regional and regulated U.S. monopolies. Each one of these American high-yield stocks has a different story to tell. Here's a quick look at why you might want to buy each one.The average utility stock is yielding around 2.9% today. NextEra's dividend yield is roughly 3%. So, on that front, NextEra is about average.Where it shines is the 10% annualized dividend growth it has achieved over the past decade. Management expects to keep growing the payout at around 10% a year for at least the next couple of years, too. There's no reason to believe it can't continue at that rate given the business that backs the dividend.Continue reading
If you are looking for American-made dividend stocks, you can't do much better than buying U.S. utilities. Companies like NextEra Energy (NYSE: NEE), Black Hills (NYSE: BKH), and American Electric Power (NASDAQ: AEP) are built on regional and regulated U.S. monopolies. Each one of these American high-yield stocks has a different story to tell. Here's a quick look at why you might want to buy each one.
The average utility stock is yielding around 2.9% today. NextEra's dividend yield is roughly 3%. So, on that front, NextEra is about average.
Where it shines is the 10% annualized dividend growth it has achieved over the past decade. Management expects to keep growing the payout at around 10% a year for at least the next couple of years, too. There's no reason to believe it can't continue at that rate given the business that backs the dividend.
