These utilities can generate a lot of dividend income. Utility stocks have surged this year. As measured by the Utilities Select Sector SPDR ETF, the average utility has gained nearly 30%. Add in dividends, and the total return is well over 30%. As utility stock prices have risen, their dividend yields have declined. However, there are still some very attractive options out there if you know where to look. Black Hills (BKH -0.07%), Brookfield Infrastructure (BIPC 1.23%) (BIP 1.70%), and Brookfield Renewable ...

sutthirat sutthisumdang/iStock via Getty Images By Mike Larson Larson - Hello and welcome to our latest MoneyShow MoneyMasters Podcast segment. I'm Mike Larson, Editor-in-Chief at MoneyShow. And we're talking today as we're at a crossroads in the energy industry, trying to figure out how to transition from an oil- and gas-driven world to a clean energy future. Meanwhile, the utility sector is facing significant upheaval amid a surge in AI-driven power demand and an overtaxed electric grid. Helping to sort o ...

These dividend yields might not stay this high for long. A stock's dividend yield moves in the opposite direction of its stock price. If shares fall, the yield rises, while a rally would push its yield lower. Because of that, volatility can provide investors with opportunities to lock in higher yields on high-quality dividend stocks. Dominion Energy (D -0.02%), Chevron (CVX -0.04%), and Brookfield Renewable (BEPC -1.48%) (BEP -2.54%) currently stand out to these Motley Fool contributors for their current hi ...

| --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------|-------|-------------------------------------------|-------|-------|-----------------------------------------|-------| | UNAUDITED \n(MILLIONS) | | For the three months ended June 30 \n2024 | 2023 | | For the six months ended June 30 \n2024 | 2023 | | Net income | $ | (88) $ | 151 | $ | (158) $ | 328 | | Add back or deduct the following: | | | | | | | | Depreciation | | 517 | 458 | ...

One element that has many on the left worried is Trump's vow to reverse President Joe Biden's green energy initiatives. Primarily, this stated directive will target electric vehicles. Instead, under a second Trump administration, combustion-powered vehicles may dominate the streets. Presumably, other green projects – such as the deployment of wind turbines (which the former president doesn't like) – may get the axe. Brookfield Renewable (BEPC) Financially, Brookfield isn't the most consistently profitable e ...

Interest rates have been riding high for the past two years. While that's not great for borrowers, it's an excellent opportunity for those seeking higher-yielding investments. Low-risk fixed-income options, like government bonds and bank certificates of deposit (CDs), currently yield between 4% and 5%. That can provide investors with nice income streams. Meanwhile, unlike bonds and bank CDs, many of those payouts should rise in the coming years. That sets their investors up to earn a potential lifetime of i ...

Here's the simple breakdown for why you need to consider energy stocks. Americans are going through a challenging time with the economy. But even with inflation and elevated borrowing costs, consumers are prioritizing experiential expenditures. That's good for travel-related enterprises. In turn, companies that provide fuel for the air transportation sector should see downwind benefits. Even better for energy stocks, many tourists will take to the friendly skies. That should naturally boost airliner demand ...

However, while the first half was strong for the broader market, it wasn't quite so good for dividend stocks. The Dow Jones US Dividend 100 Index (which tracks the 100 top dividend stocks) only rose about 2%. Because of that, many high-quality dividend stocks look like relatively attractive investments right now. Reuben Gregg Brewer (Enbridge): The portfolio backing Enbridge's 7.5% dividend yield is changing in 2024. That's because the company is buying three regulated natural gas utilities from Dominion En ...

Group 1: Brookfield Renewable - Brookfield Renewable offers two investment options: a partnership with a yield of 5.6% and a corporate share class with a yield of approximately 5% [3] - The company is overseen by Brookfield Asset Management, which has a strong history in global infrastructure investments [4] - Brookfield Renewable's energy production is diversified: 47% hydroelectric, 21% onshore wind, 16% solar, and 9% distributed power [4] - The company targets a funds-from-operations growth of about 10% annually, with distribution growth between 5% and 9% [5] - Over the past 20 years, Brookfield Renewable has averaged a distribution growth of approximately 6% per year [5] - Both investment options are expected to be rewarding over time as dividends continue to grow [6] Group 2: WEC Energy - WEC Energy serves approximately 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota, with a current dividend yield of around 4.4% [7] - The company has increased its dividend annually for 21 years, with an average increase of 7% over the past decade [7] - WEC Energy is initiating its largest five-year capital investment plan, estimated at $23.7 billion, focusing on transitioning from coal to cleaner energy sources [7] - The company anticipates electricity demand growth of 4.5% to 5% per year, driven in part by investments from major companies like Microsoft [8] - WEC Energy's earnings growth is expected to be between 6.5% and 7%, supporting continued high dividend growth [9] - The company ranks in the top decile for dividend growth within the utility sector [9] Group 3: Investment Opportunities - The S&P 500 index is near all-time highs, with yields below 1.3%, making higher-yielding stocks like Brookfield Renewable and WEC Energy attractive for income investors [2] - Both companies represent viable options for investors seeking high-yield dividend growth stocks in a challenging market [9]

A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia. Let's look at some numbers. According to the U.S. Energy Information Administration (EIA), renewable energy deployment may expand by 17% to reach 42 giga ...