Best high yield dividend utility stocks

Best Dividend utility stocks southern company.

One of the best dividend paying utility stocks is southern company. It is a good dividend utility stock that if you invest in it and hold it over the years the dividend will grow into one of the best high yield utility stocks.

This utility stocks has raised its dividends for 40 years in a row now so it is one of the dividend aristocrats for 2011 and 2010. The dividend is over 4% right now and when the market is down it has a higher dividend. Since they increase the dividends year after year it will be one of the highest dividend stocks in the utlity sector after you own it for awhile.

You can invest in southern company with thier dividend reinvestment plan and not pay a brokers fee to use the dividends to buy more stock. This is called a drip for short and it buys more stocks with the dividends instead of paying you.

The stock symbol for southern utility is SO and if you want to buy the stock in a drip investment plan for a regular account or iras and even roth iras you can call the number below to set it up.

1 800 774 4117