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Utility Dividend Growth: Southern Company vs. Consolidated Edison

- By Ben Reynolds

(Published Feb. 27 by Bob Ciura)

It is no secret that utility stocks are great for income. They arguably enjoy the most defensive, recession-resistant business model one can find.

This makes them ideal for investors interested in high dividend yields and safe dividend payouts.

Southern Co. (SO) and Consolidated Edison Inc. (ED) are two of the largest utilities in the U.S.