Over 10% Dividend Growth in These Utilities Stocks

Wall St. Watchdog reveals companies that are some of the largest ones, as measured by market capitalization, in the Utilities sector that have grown their dividends by more than 10% year-over-year.

  • Atlas Pipeline Partners, L.P. (NYSE:APL): This company has grown its dividend by 380.00% year-over-year and its current year dividend per share estimate is $1.86. The shares recently traded at $34.00 and its market capitalization is $1,818,963,000. About the company: Atlas Pipeline Partners, L.P. provides natural gas gathering services in the Anadarko and Permian Basins located in the southwestern and mid-continent United States and the Appalachian Basin in the eastern United States. The Company also provides natural gas processing and treating services in Oklahoma and Texas.
  • UniSource Energy Corp. (NYSE:UNS): This company has grown its dividend by 34.48% year-over-year and its current year dividend per share estimate is $1.69. The shares recently traded at $36.21 and its market capitalization is $1,328,197,000. About the company: Unisource Energy Corporation is the holding company of Tucson Electric Power Company. The Company generates, purchases, transmits, distributes, and sells electric energy to retail and wholesale customers. Unisource also owns all of the outstanding common stock of Millennium Energy Holdings, Inc.
  • CMS Energy Corporation (NYSE:CMS): This company has grown its dividend by 32.00% year-over-year and its current year dividend per share estimate is $0.84. The shares recently traded at $18.71 and its market capitalization is $4,740,295,000. About the company: CMS Energy Corporation is an energy company operating primarily in Michigan. The Company, through its subsidiaries provides electricity and/or natural gas to its customers in Michigan. CMS Energy also invests in and operates non-utility power generation plants in the United States and abroad.
  • Avista Corporation (NYSE:AVA): This company has grown its dividend by 23.46% year-over-year and its current year dividend per share estimate is $1.10. The shares recently traded at $24.90 and its market capitalization is $1,434,972,000. About the company: Avista Corporation is an energy company that delivers products and solutions to business and residential customers throughout North America. The Company, through Avista Utilities, generates, transmits, and distributes electric and natural gas. Avista’s other businesses include Avista Advantage and Avista Energy.
  • El Paso Pipeline Partners, L.P. (NYSE:EPB): This company has grown its dividend by 19.41% year-over-year and its current year dividend per share estimate is $1.94. The shares recently traded at $35.29 and its market capitalization is $7,386,509,000. About the company: El Paso Pipeline Partners, LP. owns and operates natural gas transportation pipelines, storage and other midstream assets.
  • Wisconsin Energy Corporation (NYSE:WEC): This company has grown its dividend by 18.52% year-over-year and its current year dividend per share estimate is $1.04. The shares recently traded at $30.01 and its market capitalization is $7,014,531,000. About the company: Wisconsin Energy Corporation is a diversified energy holding company. The Company, through its subsidiaries, provides utility services such as distributing electric, gas, steam, and water.
  • Companhia de Saneamento Basico (ADR) (NYSE:SBS): This company has grown its dividend by 15.61% year-over-year and its current year dividend per share estimate is $1.58. The shares recently traded at $56.80 and its market capitalization is $6,454,098,390. About the company: Cia de Saneamento Basico do Estado de Sao Paulo (SABESP) collects, treats, and distributes water. The Company also engineers and constructs water distribution infrastructure and water treatment systems. SABESP operates in the Brazilian State of Sao Paulo.
  • Enbridge Inc. (NYSE:ENB): This company has grown its dividend by 14.86% year-over-year and its current year dividend per share estimate is $1.03. The shares recently traded at $32.22 and its market capitalization is $25,035,900,529. About the company: Enbridge Inc. provides energy transportation, distribution, and related services in North America and internationally. The Company operates a crude oil and liquids pipeline system, is involved in international energy projects, and is involved in natural gas transmission and midstream businesses. Enbridge also distributes natural gas and electricity, and provides retail energy products.
  • UGI Corporation (NYSE:UGI): This company has grown its dividend by 14.65% year-over-year and its current year dividend per share estimate is $1.02. The shares recently traded at $29.49 and its market capitalization is $3,292,665,000. About the company: UGI Corporation distributes and markets energy products and services. The Company is a domestic and international distributor of propane. UGI also distributes and markets natural gas and electricity, and sells related products and services in the Middle Atlantic region of the United States.
  • Western Gas Partners, LP (NYSE:WES): This company has grown its dividend by 13.01% year-over-year and its current year dividend per share estimate is $1.64. The shares recently traded at $35.01 and its market capitalization is $1,921,691,000. About the company: Western Gas Partners LP owns, operates, acquires, and develops midstream energy assets. With midstream assets in East Texas, the Rocky Mountains, the Mid-Continent and West Texas, the partnership is in the business of gathering, compressing, treating and transporting natural gas.
  • Companhia Paranaense de Energia (ADR) (NYSE:ELP): This company has grown its dividend by 12.64% year-over-year and its current year dividend per share estimate is $0.61. The shares recently traded at $24.03 and its market capitalization is $6,306,942,591. About the company: Companhia Paranaense de Energia-Copel generates, transmits, transforms and distributes electric power to the entire Brazilian State of Parana. The Company’s major customers are industrial, residential and rural electricity consumers. Copel generates electricity through the operation of fifteen hydroelectric plants and three thermoelectric plants.
  • Spectra Energy Partners, LP (NYSE:SEP): This company has grown its dividend by 12.58% year-over-year and its current year dividend per share estimate is $1.89. The shares recently traded at $29.22 and its market capitalization is $2,868,157,000. About the company: Spectra Energy Partners LP owns and operates natural gas transportation and storage assets. The Company owns interstate natural gas pipeline systems located in the southeastern United States and natural gas storage facilities in Texas and Louisiana.
  • South Jersey Industries (NYSE:SJI): This company has grown its dividend by 11.48% year-over-year and its current year dividend per share estimate is $1.50. The shares recently traded at $50.23 and its market capitalization is $1,504,544,000. About the company: South Jersey Industries, Inc. is an energy services holding company. The Company provides regulated, natural gas service to residential, commercial, and industrial customers in southern New Jersey. South Jersey also markets total energy management services, including natural gas, electricity, demand-side management, and consulting services throughout the eastern United States.
  • EDP-Energias de Portugal, S.A (ADR) (OTC:EDPFY): This company has grown its dividend by 11.11% year-over-year and its current year dividend per share estimate is $2.64. The shares recently traded at $32.00 and its market capitalization is $11,116,322,752. About the company: EDP Energias de Portugal SA is a Portugal-based company engaged in the electric energy and gas sectors.  The Company develops its activities in the business areas of generation, supply and distribution of electricity and supply and distribution of gas.
  • ONEOK, Inc. (NYSE:OKE): This company has grown its dividend by 10.98% year-over-year and its current year dividend per share estimate is $2.13. The shares recently traded at $69.15 and its market capitalization is $7,407,357,000. About the company: ONEOK, Inc. is a diversified energy company. The Company is involved in the natural gas and natural gas liquids business across the United States.

(Note: Selected financial data are sourced from screener.co.  All data are assumed to be accurate.)

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