Ten Leading Global Utility Stocks
The Dow Jones Utilities Titans 30 Index represents 30 leading companies in the global utilities sector. These stocks are selected based on “rankings by float-adjusted market capitalization, revenue and net profit.”
Generally considered as defensive plays, utility stocks offer consistent yields and stable long-term growth. However this year the sector is under-performing other sectors.For example, the S&P 500 is up 10.13% for the year as of September 2nd. The IT components in the index are up a cool 35.88% year-to-date(YTD) But the utility components are the second worst performers with a loss of 1.94% YTD.Mirroring this index is the performance of The Dow Jones Utilities Titans 30 Index which contains utilities from many countries. This index is down 0.05% as of August 31,2009. Last year during the brutal market correction the index fell 32%. The current dividend yield of this is 3.81%.
The Top 10 Components from the DJ Utilities Titans 30 Index and their current yields are listed below:
Company: E.ON AG (EONGY)
Country: Germany
Dividend Yield: 4.93%%
Company: GDF Suez S.A. (GDFZY)
Country: France
Dividend Yield: 2.01%
Company: RWE AG (RWEOY)
Country: Germany
Dividend Yield: 6.59%
Company: Enel S.p.A.(E)
Country: Italy
Dividend Yield: 14.26%
Company: Tokyo Electric Power Co. Inc. (TKECF)
Country: Japan
Dividend Yield: No regular dividends paid
Company: Exelon Corp.(EXC)
Country: USA
Dividend Yield: 4.32%
Company: Iberdrola S.A.(IBDRY)
Country: Spain
Dividend Yield: 5.76%
Company: Southern Co.(SO)
Country: USA
Dividend Yield: 5.63%
Company: National Grid PLC (NGG)
Country: Uk
Dividend Yield: 7.30%
Company: FPL Group Inc.(FPL)
Country: USA
Dividend Yield: 3.41%
Global Utility ETFs and a Related Article:
SPDR S&P International Utilities Sector ETF (IPU)
S&P Global Utilities Sector Index Fund (JXI)
European Utilities Vs. US Utilities
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