Utility Dividends for the Ages Regulated electric utilities stand apart from trendy assets, offering investors a reliable source of income.
Their dividend paying prowess is rooted in predictable cash flows, not financial wizardry. Con Edison, one of three utilities highlighted in recent reports, has increased its annual dividend for 52 consecutive years.
This New York State regulated giant's success lies in revenue decoupling, which shields volume swings and protects payouts. Con Edison's peers, Duke Energy and Southern, share similar characteristics.