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NEE, DUK, SO, and D: Analyzing Top Utilities’ Dividend Yield

Vincent Kruger
NEE, DUK, SO, and D: Analyzing Top Utilities’ Dividend Yield

Let’s take a look at the top utilities’ dividend profiles in this part. Southern Company (SO) leads the pack and offers a yield of 5.5%. The high yield indicates a yield premium of ~280 basis points compared to the ten-year Treasury yields and almost 350 basis points to the broader markets. Dominion Energy (D) and Duke Energy (DUK) yield 4.6% and 4.2%, respectively. NextEra Energy’s current dividend yield of 2.6% is way below broader utilities’ (XLU) average yield of 3.4%.