World Stock Watch

In the midst of a utility sector surge, savvy investors are on the hunt for high-yielding opportunities that can provide a steady stream of income. Despite the average utility stock gaining nearly 30% this year, there are still some hidden gems that offer attractive dividend yields.

Three utility stocks, in particular, stand out for their impressive dividend yields and strong growth potential. Black Hills, Brookfield Infrastructure, and Brookfield Renewable are three high-yielding options that have caught the attention of seasoned investors.

Black Hills, a regulated natural gas and electric utility, boasts an impressive 4.25% dividend yield, significantly higher than the industry average. What’s more, the company has consistently increased its dividend for 54 consecutive years, earning it a coveted spot among the esteemed Dividend Kings. With a growing customer base and modest earnings growth targets, Black Hills is an attractive option for income-seeking investors.

Brookfield Infrastructure, on the other hand, has underperformed its peers this year, making it an undervalued gem. The company’s strong growth potential, diversified portfolio, and low exposure to consumers make it an appealing choice. With a 4.8% dividend yield and 5%-9% annual dividend growth potential, Brookfield Infrastructure is a compelling investment opportunity.

Last but not least, Brookfield Renewable offers an impressive 5.3% dividend yield and a massive portfolio of hydro, wind, and solar assets. The company’s focus on cash flow and dividend growth, combined with its plans to invest $8 billion to $9 billion in growth opportunities over the next five years, make it an attractive option for investors seeking both income and growth.

While the utility sector may have rallied significantly this year, there are still plenty of high-yielding opportunities available for savvy investors. By digging deeper and exploring these lesser-known options, investors can uncover hidden gems that can provide a steady stream of income and potentially strong returns over time.