Feedback
European Shorting
My Portfolios
Browse Gurus
Print
Email
I screened the utility sector by stocks with low debt ratios and positive dividend yield figures. I decided to choose the long-term debt to equity ratio with a value of less than one as lead criterion. Second, the dividend yield must be positive. As result, eight utilities remained and all have a dividend yield of more than four percent.
Here are my three most promising stocks from the screening results:
1. Cia Energetica de Minas Gerais (CIG) is acting within the electric utility industry.The company has a market capitalization of USD $11.9 billion, generates revenues in an amount of USD $3.9 billion and a net loss of USD 449.9 million. It follows P/E ratio is not calculable and forward P/E ratio amounts to 7.9, P/S 3.1 and P/B ratio 2.5. Dividend Yield: 6.4 percent. Years of Consecutive Dividend Increasing: 0 Year. Five-Year Dividend Growth: 0 percent. The company paid dividends since 2008. The long-term debt to equity ratio amounts to 0.27.
2. Public Service Enterprise Group (PEG) is acting within the diversified utilities industry. The company has a market capitalization of $16.0 billion, generates revenues in an amount of $11.7 billion and a net income of $1.6 billion. It follows P/E ratio is 9.9 and forward P/E ratio 12.4, P/S 1.4 and P/B ratio 1.6. Dividend Yield: 4.3 percent. Years of Consecutive Dividend Increasing: 7 Years. Five-Year Dividend Growth: 4.0 percent. The company paid dividends since 1907. The long-term debt to equity ratio amounts to 0.70.
3. Consolidated Edison (ED) is acting within the major diversified utilities industry. The company has a market capitalization of $15.4 billion, generates revenues in an amount of $13.2 billion and a net income of $1.1 billion. It follows P/E ratio is 14.9 and forward P/E ratio 14.7, P/S 1.2 and P/B ratio 1.3. Dividend Yield: 4.4 percent. Years of Consecutive Dividend Increasing: 36 Years. Five-Year Dividend Growth: 0.9 percent. The company paid dividends since 1885. The long-term debt to equity ratio amounts to 0.93.
Take a closer look at the full table. The average P/E ratio amounts to 12.32 while the average forward P/E ratio is 11.90. The dividend yield has an average value of 4.8 percent. P/B ratio is 1.7 and P/S ratio 1.7. The average operating margin amounts to 19.2 percent and the long-term debt to equity ratio is 0.76.
Related stock ticker symbols:
CIG, PEG, EOC, DUK, ENI, EXC, ED, PCG
Selected Articles:
· 12 Cheap Utilities With High Dividend Yields
· 8 Utilities Close to 52-Week Lows
· 6 Best Yielding Utilities With A ROI Over 10 Percent
· 12 Undervalued Dividend Stocks With Low Debt
Subscribe RSS
RSS