This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

8 High-Dividend Utility Stocks to Watch

7. Northeast Utilities System (NU), a public utility holding company, operating through its wholly owned utility subsidiaries, delivers energy to residential, commercial and industrial customers. Besides owning four subsidiaries, the company owns a number of unregulated businesses through its subsidiary NU Enterprises. Northeast Utilities will report its second-quarter results on Wednesday.

The company recently declared a quarterly dividend of 27.5 cents per share, payable Sept. 30, 2011. The annualized dividend amount of $1.10 per share represents an increase of $0.075 per share from the earlier dividend of $1.025, in effect since March 2010. The company has a dividend yield of 3.06%.

Analysts polled by Bloomberg expect NU to record sales of $1.13 billion for the second quarter compared to $1.11 billion a year ago. Net income for the quarter is seen increasing by 20% to $86.22 million or 48 cents per share from $71.95 million or 41 cents per share in the comparable quarter prior year. Operating profit is estimated to increase by 13% to $201 million, while cash flow per share is likely at $1.35 during the quarter.

Of the 15 analysts covering the stock, 33% suggest a buy and 60% rate a hold. Analysts polled by Bloomberg see the stock gaining an average 6.2% to $36.38 in the upcoming 12 months.

3 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
NU $51.84 -1.46%
UNS $60.59 -0.02%
AWK $53.43 0.00%
CNP $20.74 0.00%
HE $32.54 0.00%


DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs