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Better Dividend Achiever Utilities: Duke Energy or Xcel Energy?

- By Ben Reynolds

Income investors should consider adding some U.S. utility stocks to their portfolios.

Utilities are extremely stable. Electricity and gas are defensive industries. They see continuous demand even during recessions.

This allows them to be consistent dividend payers over long periods of time.

Duke (DUK) and Xcel (XEL) are both Dividend Achievers, a group of 271 stocks with 10-plus years of consecutive dividend increases.