Moving into utility's that pay a dividend (market, payment, company)

[itlltickleurinnerds]

ED is at its 52 week low right now and at almost 4.5 percent dividend

[treasurekidd]

My two favorites are NGG, which is fairly cheap right now, and EXC, which I like, but feel is a bit overpriced. Both sport divies around 7%.

[crescent22]

EXC's dividend is at risk- they said so two weeks ago. NGG's dividend looking backward is 5.7%.

[treasurekidd]

Yes, you are correct on that, thanks for setting me straight in EXC. I've had EXC on my watch list for a while, but haven't followed it closely. I still like NGG - strong company, solid dividend, low P/E compared with other utilities and good global growth. Don't look backward at their dividend, look forward. They pay dividends twice a year, and if their year end payment matches their May payment of $2.017, at current share price thats a 7.3% yield.

[crescent22]

but it won't. the mid-yr one is always higher than the winter one.

[itlltickleurinnerds]

Personally I bought into ED and DUK and SO they are paying around 4.5 to 5 percent and are very stable company's. ED hit 54 something making a new 52 week low. When the congress gets the fiscal cliff fixed the market will make a bounce and I look to see ED at about 63.