Markets finish week down after bouncing on Bannon's exit >>> READ MORE

The Top 10 S&P 500 Dividend Stocks for April

These dividend stocks yield no less than 5% and up to 11%-plus

      View All  

#8: Pepco Holdings (POM)

dividend-stocks-dividend-yieldPOM Dividend Yield: 5.23%

Pepco Holdings (POM) is another electric and gas utility that throws off a big yield. Rising prices for natural gas and electricity — which move together — have given POM stock a boost. Pepco stock is up 10% since the start of the year.

Pepco beat Wall Street’s fourth-quarter profit estimate, helped by higher electric distribution revenue, and set a full-year target of $1.12 to $1.27 per share. Although gas prices fall with the onset of spring, POM stock derives most of its revenue from electricity, which sees a spike in demand every summer.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC