Ameren Corp (AEE), PPL Corporation (PPL): This Week in Utilities, Dividend Stocks Head High and Low

It’s been another busy week for utilities, with new highs as dividend stocks (and their dividends) soar and shrink. Here’s what you need to know to keep pulling profits for your portfolio.

Let’s get high
Ameren Corp
(NYSE:AEE), PPL Corporation (NYSE:PPL) , and several other utilities all recently hit 52-week highs as stocks soared. Utilities in general have been on the rise in 2013, but a common thread among these companies is their stability. They’re heavy on the regulated side, and in times of economic volatility, there’s nothing income investors like more than a stable dividend stock.

PPL Corporation (NYSE:PPL)

It’s the circle of dividends

Atlantic Power Corp (NYSE:AT) distributed its first newly downsized dividend this week. The utility first announced that it would cut its dividend by 66% during its Q4 2012 earnings report, and its stock has been sliding ever since. With its new dividend in place and a plan to focus on natural gas and renewables, I’ll be keeping a close eye on Atlantic Power Corp (NYSE:AT)’s activity over the next few months.

On the other side of dividend stocks, The Southern Company (NYSE:SO) announced a 3.6% increase in its dividend, effective June 6. This news comes as little surprise to The Southern Company (NYSE:SO) shareholders, since it’s the 12th straight year that the utility has upped its dividend. This news also marks the 262nd consecutive quarter The Southern Company (NYSE:SO) has distributed a dividend to shareholders. Looking ahead, the company’s coal-heavy portfolio could benefit in the short term from higher natural gas prices, but it’ll need to continue its modernization projects to stay cost-competitive and keep its status as a sustainable dividend stock.

Nuclear surprise
After five years of work and billions of dollars spent, NextEra Energy, Inc. (NYSE:NEE) completed its nuclear modernization project this week. In an unsuspected turn of events, the uprates exceeded expectations, as NextEra Energy, Inc. (NYSE:NEE) had previously estimated a 400 megawatt improvement.

The utility relies on nuclear power for around 16% of its total generation capacity, and these newest upgrades add an additional 500 MW to its energy portfolio. According to the company, the project will increase efficiency savings by $100 million in the next year alone.

Stay current on electricity
The world of utilities is changing fast, and dividend stocks aren’t the stable stalwarts they once were. Be sure to check back weekly for the latest on your portfolio’s moves, and you’ll be well on your way to electrifying earnings.

The article This Week in Utilities: Dividend Stocks Head High and Low originally appeared on Fool.com is written by Justin Loiseau .

Fool contributor Justin Loiseau has no position in any stocks mentioned, but he does use electricity. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo. The Motley Fool recommends Exelon and Southern

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

The 10 Biggest Outlet Malls in USA

The 5 Most Popular Rap Songs of All Time

The 10 Countries that Eat the Most Meat

The10 Most Expensive Countries to Fly To

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!