Last but not least, another name from an “old faithful” arena — utilities. Specifically, Entergy Corporation (NYSE:ETR), which is as much of an energy wholesaler as it is a producer. Both businesses have been solid of late, too, and though revenues have edged a tad lower during the past four years, cheap natural gas, coal, and nuclear fuel have left plenty of room for wider margins and healthier payouts.
And Entergy has certainly paid it out. The company has cranked up its quarterly dividend from 54 cents per share in 2007 to 83 cents per share now, translating into a dividend yield of 4.6%. Better yet, with demand for energy still insatiable while the cost of fuel is likely to remain low, Entergy is in the proverbial cat-bird’s seat.
As of this writing, James Brumley did not hold a position in any of the aforementioned securities.