Large Cap Utilities with Best Dividend Yields

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May 07, 2012
It’s very important to know what yields are traded within a sector or industry in order to compare risks and premiums. I made a screen of the best yielding large capitalized utility stocks. Twenty-four companies from the technology sector have a market capitalization over USD10 billion and 22 of them pay dividends. Below, I listed all stocks with a positive yield.


The best represented industry is the electric utility industry with 16 companies. Six stocks from the results are high yields and 11 are recommended to buy.


Here are my favorite stocks:


American Electric Power (AEP, Financial) has a market capitalization of $18.69 billion. The company employs 18,710 people, generates revenues of $15,116.00 million and has a net income of $1,549.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4,437.00 million. Because of these figures, the EBITDA margin is 29.35 percent (operating margin 18.40 percent and the net profit margin finally 10.25 percent).


Financial Analysis: The total debt representing 34.79 percent of the company’s assets and the total debt in relation to the equity amounts to 123.88 percent. Due to the financial situation, a return on equity of 11.09 percent was realized. Twelve trailing months earnings per share reached a value of $3.32. Last fiscal year, the company paid $1.85 in form of dividends to shareholders.


Market Valuation: Here are the price ratios of the company: The P/E ratio is 11.62, P/S ratio 1.24 and P/B ratio 1.27. Dividend Yield: 4.88 percent. The beta ratio is 0.50.


FirstEnergy (FE, Financial) has a market capitalization of $19.64 billion. The company employs 17,257 people, generates revenues of $16,258.00 million and has a net income of $869.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,835.00 million. Because of these figures, the EBITDA margin is 17.44 percent (operating margin 10.54 percent and the net profit margin finally 5.35 percent).


Financial Analysis: The total debt representing 36.63 percent of the company’s assets and the total debt in relation to the equity amounts to 130.55 percent. Due to the financial situation, a return on equity of 7.95 percent was realized. Twelve trailing months earnings per share reached a value of $2.72. Last fiscal year, the company paid $2.20 in form of dividends to shareholders.


Market Valuation: Here are the price ratios of the company: The P/E ratio is 17.29, P/S ratio 1.20 and P/B ratio 1.47. Dividend Yield: 4.70 percent. The beta ratio is 0.46.


PG&E Corporation (PCG) has a market capitalization of $18.76 billion. The company employs 19,274 people, generates revenues of $14,956.00 million and has a net income of $858.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4,157.00 million. Because of these figures, the EBITDA margin is 27.79 percent (operating margin 12.98 percent and the net profit margin finally 5.74 percent).


Financial Analysis: The total debt representing 27.91 percent of the company’s assets and the total debt in relation to the equity amounts to 114.75 percent. Due to the financial situation, a return on equity of 7.22 percent was realized. Twelve trailing months earnings per share reached a value of $2.16. Last fiscal year, the company paid $1.82 in form of dividends to shareholders.


Market Valuation: Here are the price ratios of the company: The P/E ratio is 20.53, P/S ratio 1.25 and P/B ratio 1.51. Dividend Yield: 4.10 percent. The beta ratio is 0.29.


Edison International (EIX) has a market capitalization of $14.26 billion. The company employs 19,930 people, generates revenues of $12,760.00 million and has a net income of $24.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,209.00 million. Because of these figures, the EBITDA margin is 17.31 percent (operating margin 2.51 percent and the net profit margin finally 0.19 percent).


Financial Analysis: The total debt representing 29.51 percent of the company’s assets and the total debt in relation to the equity amounts to 127.89 percent. Due to the financial situation, a return on equity of -0.33 percent was realized. Twelve trailing months earnings per share reached a value of $-0.44. Last fiscal year, the company paid $1.28 in form of dividends to shareholders.


Market Valuation: Here are the price ratios of the company: The P/E ratio is not calculable, P/S ratio 1.12 and P/B ratio 1.42. Dividend Yield: 2.97 percent. The beta ratio is 0.63.


Take a closer look at the full table of the best-yielding large capitalized utility stocks. The average price to earnings ratio (P/E ratio) amounts to 16.07 and forward P/E ratio is 15.36. The dividend yield has a value of 4.47 percent. Price to book ratio is 1.87 and price to sales ratio 1.86. The operating margin amounts to 18.72 percent.


Related stock ticker symbols:

CIG, CPL, NGG, EXC, PPL, ETR, AEP, FE, DUK, PGN, PEG, SO, TRP, PCG, ED, D, XEL, NEE, SRE, EOC, ENI, EIX


Selected Articles:

· 12 Utility Dividend Stocks With Accelerated Earnings Growth

· The Most Profitable Utility Dividend Stocks

· 15 Utility Dividend Stocks With Buy Or Better Rating

· 10 Utility Stocks with Highest Dividend Yield