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3 Water Utility Stocks for Investors to Drink Up

Water utility companies are some of the safest dividend-paying stocks around

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Water Utility Stock #2: Aqua America

water utility, water utility stock, aqua americaWater utility stock Aqua America (WTR) is one of the world’s safest businesses, with an essential–indeed, life-sustaining–product; a geographically diversified customer base (nearly 3 million people in 10 states); seasoned, shareholder-friendly management; and, a strong balance sheet.

In addition, WTR offers a superb dividend record: 23 increases in the past 22 years, including during the 2008-2009 crisis. You know a business is solid if they actually increased their payout when the entire financial world seemed to be crumbling.

The stock trades at a 13% discount to its 52-week high, providing a nice entry point for long-term investors.

Dividend Yield: 2.4%.

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