Utility Dividend Stocks
U.S.-listed electric, gas and water utilities in our coverage — the classic income sector, ranked.
Utilities are the traditional backbone of income portfolios: regulated monopolies with rate-set revenues, predictable cash flows and payout policies measured in decades. Several of the longest dividend streaks on record belong to water utilities.
The trade-offs are growth and rates: regulators cap returns, and because utilities carry heavy debt and compete with bonds for income buyers, rising interest rates pressure both their costs and their share prices.
| # | Company | Price | Yield | Frequency | Rank |
|---|---|---|---|---|---|
| 1 | Edison International EIX | $55.93 | 6.28% | Quarterly | 80 |
| 2 | American States Water Company AWR | $83.45 | 2.61% | Quarterly | 80 |
| 3 | NextEra Energy, Inc. NEE | $79.80 | 3.12% | Quarterly | 80 |
| 4 | California Water Service Group CWT | $46.35 | 2.89% | Quarterly | 79 |
| 5 | Atmos Energy Corporation ATO | $167.34 | 2.39% | Quarterly | 78 |
| 6 | Public Service Enterprise Group Incorporated PEG | $71.49 | 3.75% | Quarterly | 77 |
| 7 | Consolidated Water Co. Ltd. CWCO | $28.24 | 1.98% | Quarterly | 76 |
| 8 | Middlesex Water Company MSEX | $54.59 | 2.64% | Quarterly | 75 |
| 9 | American Water Works Company, Inc. AWK | $134.94 | 2.65% | Quarterly | 74 |
| 10 | The York Water Company YORW | $30.94 | 2.95% | Quarterly | 72 |
| 11 | Spire Inc. SR | $82.03 | 4.02% | Quarterly | 72 |
| 12 | MGE Energy, Inc. MGEE | $72.27 | 2.81% | Quarterly | 71 |
| 13 | Ameren Corporation AEE | $106.08 | 2.83% | Quarterly | 70 |
| 14 | American Electric Power Company, Inc. AEP | $127.14 | 2.99% | Quarterly | 70 |
| 15 | RGC Resources, Inc. RGCO | $22.63 | 3.84% | Quarterly | 70 |
| 16 | Unitil Corporation UTL | $54.07 | 3.51% | Quarterly | 68 |
| 17 | Eversource Energy ES | $66.85 | 4.71% | Quarterly | 67 |
| 18 | The AES Corporation AES | $14.95 | 4.71% | Quarterly | 66 |
| 19 | Southwest Gas Holdings, Inc. SWX | $87.45 | 2.95% | Quarterly | 65 |
| 20 | CMS Energy Corporation CMS | $68.70 | 3.32% | Quarterly | 65 |
| 21 | Exelon Corporation EXC | $43.50 | 3.86% | Quarterly | 64 |
| 22 | WEC Energy Group, Inc. WEC | $108.71 | 3.50% | Quarterly | 64 |
| 23 | Xcel Energy Inc. XEL | $76.31 | 3.11% | Quarterly | 64 |
| 24 | Northwest Natural Holding Company NWN | $48.99 | 4.08% | Quarterly | 63 |
| 25 | Alliant Energy Corporation LNT | $68.32 | 3.13% | Quarterly | 62 |
| 26 | PG&E Corporation PCG | $13.09 | 1.53% | Quarterly | 61 |
| 27 | Consolidated Edison, Inc. ED | $112.26 | 3.16% | Quarterly | 60 |
| 28 | Portland General Electric Company POR | $44.15 | 4.99% | Quarterly | 60 |
| 29 | Black Hills Corporation BKH | $76.63 | 3.67% | Quarterly | 59 |
| 30 | GE Vernova Inc. GEV | $921.20 | 0.22% | Quarterly | 59 |
| 31 | NiSource Inc NI | $42.68 | 2.81% | Quarterly | 59 |
| 32 | Evergy, Inc. EVRG | $83.30 | 3.34% | Quarterly | 58 |
| 33 | Pinnacle West Capital Corporation PNW | $103.42 | 3.52% | Quarterly | 58 |
| 34 | Duke Energy Corporation DUK | $121.47 | 3.57% | Quarterly | 58 |
| 35 | Vistra Corp. VST | $152.02 | 0.61% | Quarterly | 58 |
| 36 | Sempra SRE | $83.41 | 3.15% | Quarterly | 57 |
| 37 | The Southern Company SO | $91.18 | 3.33% | Quarterly | 54 |
| 38 | Constellation Energy Corporation CEG | $271.37 | 0.63% | Quarterly | 54 |
| 39 | Entergy Corporation ETR | $105.11 | 2.44% | Quarterly | 53 |
| 40 | NRG Energy, Inc. NRG | $103.75 | 1.83% | Quarterly | 53 |
| 41 | OGE Energy Corp. OGE | $47.53 | 3.61% | Quarterly | 52 |
| 42 | DTE Energy Company DTE | $129.73 | 3.59% | Quarterly | 50 |
| 43 | PPL Corporation PPL | $35.17 | 3.24% | Quarterly | 48 |
| 44 | CenterPoint Energy, Inc. CNP | $40.55 | 2.37% | Quarterly | 46 |
| 45 | TXNM Energy, Inc. TXNM | $58.52 | 2.89% | Quarterly | 46 |
| 46 | FirstEnergy Corp. FE | $46.19 | 4.03% | Quarterly | 43 |
| 47 | Northwestern Energy Group Inc NWE | $74.72 | 3.59% | Quarterly | 34 |
| 48 | Dominion Energy, Inc. D | $63.56 | 4.20% | Quarterly | 32 |
Methodology
U.S.-listed common stocks (major U.S. exchanges only; OTC, Canadian and other foreign listings, ADRs, preferred shares and exchange-traded notes are excluded, and an issuer with several share classes appears once) in the utilities sector, ordered by DividendRank. Utility notes and junior subordinated debentures are left out.
What to Keep in Mind
Rate sensitivity is the sector's recurring risk: utility share prices — and therefore yields — move with interest-rate expectations even when the payouts themselves are unchanged.
Frequently asked questions
Why are utilities considered income stocks?
Regulated rates make revenues predictable, which supports steady, often decades-long payout records. The flip side is bond-like rate sensitivity and regulator-capped growth.
Related Pages
Data updated Oct 19, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.