Dividend paying electric utility stocks
Regulated electric utilities are the archetypal income holding: rate-base earnings, high payout ratios and the longest raise streaks in the market. The risks are rates and regulators, not demand.
23 operating companies currently paying a dividend, median yield 3.40%. Funds and ETFs are excluded on purpose — this is companies only. Prices as of Sep 3, 2026.
- 1EIXEdison International6.36%
- 2ELCEntergy Louisiana, LLC Collateral Trust Mortgage Bonds, 4.875 % Series due September 1, 20666.25%
- 3CWENClearway Energy, Inc.5.94%
- 4PORPortland General Electric Company4.48%
- 5ESEversource Energy (D/B/A)4.47%
- 6DDominion Energy, Inc.4.02%
- 7FEFirstEnergy Corp.3.96%
- 8BKHBlack Hills Corporation3.83%
- 9PNWPinnacle West Capital Corporation3.73%
- 10OGEOGE Energy Corp.3.66%
- 1NEENextEra Energy, Inc.3.00% · payout 54%
- 1CEGConstellation Energy Corporation Common Stock40.1%/yr
- 2CWENClearway Energy, Inc.11.0%/yr
- 3VSTVistra Corp.10.8%/yr
- 4NRGNRG Energy, Inc.8.0%/yr
- 5ESEversource Energy (D/B/A)5.8%/yr
- 6TXNMTXNM Energy, Inc.5.8%/yr
- 7AEPAmerican Electric Power Company, Inc.5.7%/yr
- 8PORPortland General Electric Company5.5%/yr
- 9EIXEdison International5.2%/yr
- 10IDAIDACORP, Inc.4.9%/yr
No company in this sector pays monthly — the quarterly cheque is the norm here. For monthly income, look at REITs, BDCs and specialty finance.
Specialty financeAll 23 electric utilities dividend payers
23 shown · click any column to sort
| Company | Industry | Yield | Annual $ | Payout | Div growth | Streak | Quality | Size | 1Y |
|---|---|---|---|---|---|---|---|---|---|
NEEraised NextEra Energy, Inc. | Electric Utilities | 3.00% | $2.49 | 54% | +10.0%† | 31y | 80 | $173.0B | +17.7% |
Southern Company (The) | Electric Utilities | 3.44% | $3.04 | 72% | +3.0% | 25y | 40 | $101.6B | -4.1% |
Constellation Energy Corporation Common Stock | Electric Utilities | 0.60% | $1.71 | 16% | +40.1%* | — | 31 | $98.1B | -3.3% |
American Electric Power Company, Inc. | Electric Utilities | 3.05% | $3.80 | 66% | +5.7% | 16y | 72 | $66.6B | +14.6% |
Dominion Energy, Inc. | Electric Utilities | 4.02% | $2.67 | 92% | -5.0% | 1y | 44 | $57.7B | +12.0% |
Entergy Louisiana, LLC Collateral Trust Mortgage Bonds, 4.875 % Series due September 1, 2066 | Electric Utilities | 6.25% | $1.22 | — | -0.1% | — | 22 | $52.7B | -8.0% |
Entergy Corporation | Electric Utilities | 2.41% | $2.56 | 64% | -8.2% | 10y | 31 | $49.3B | +21.6% |
Vistra Corp. | Electric Utilities | 0.64% | $0.92 | 15% | +10.8% | 7y | 73 | $48.4B | -21.3% |
DTE Energy Company | Electric Utilities | 3.40% | $4.66 | 73% | +1.5% | 16y | 64 | $28.3B | -0.2% |
FirstEnergy Corp. | Electric Utilities | 3.96% | $1.86 | 96% | +2.4% | 5y | 19 | $26.8B | +7.6% |
Eversource Energy (D/B/A) | Electric Utilities | 4.47% | $3.15 | 80% | +5.8% | 25y | 34 | $26.8B | +12.0% |
PPL Corporation | Electric Utilities | 3.25% | $1.14 | 66% | +5.2%† | 3y | 31 | $26.4B | -3.8% |
CenterPoint Energy, Inc (Holdin | Electric Utilities | 2.40% | $0.96 | 54% | +3.5% | — | 37 | $25.8B | +5.9% |
NRG Energy, Inc. | Electric Utilities | 1.64% | $1.90 | 48% | +8.0% | — | 33 | $23.5B | -19.6% |
Edison International | Electric Utilities | 6.36% | $3.51 | 36% | +5.2% | 22y | 52 | $22.6B | +3.8% |
Pinnacle West Capital Corporation | Electric Utilities | 3.73% | $3.64 | 70% | +2.5% | 12y | 34 | $11.8B | +9.2% |
OGE Energy Corp. | Electric Utilities | 3.66% | $1.70 | 75% | +1.5% | 19y | 43 | $9.4B | +5.9% |
IDACORP, Inc. | Electric Utilities | 2.59% | $3.52 | 58% | +4.9% | 13y | 46 | $7.9B | +8.4% |
Clearway Energy, Inc. | Electric Utilities | 5.94% | $1.87 | 18% | +11.0% | — | 45 | $6.5B | +10.9% |
Ormat Technologies, Inc. | Electric Utilities | 0.46% | $0.48 | 24% | +1.8% | — | 31 | $6.5B | +15.0% |
TXNM Energy, Inc. | Electric Utilities | 2.91% | $1.69 | 117% | +5.8% | 2y | 16 | $5.9B | +2.1% |
Portland General Electric Company | Electric Utilities | 4.48% | $2.21 | 94% | +5.5% | 14y | 22 | $5.8B | +14.3% |
Black Hills Corporation | Electric Utilities | 3.83% | $2.81 | 70% | +4.5% | 56y | 52 | $5.5B | +22.9% |
Operating companies only — ETFs, closed-end funds, ADRs and preferred shares or baby bonds are excluded. Payout ratio and raise-streak data isn't published for every company; blanks mean we don't have it rather than zero. * marks a 3-year growth rate where 5 years isn't available; † marks a 12-month growth rate shown because the longer rate is distorted by a stock split.
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Frequently asked
How many electric utilities stocks pay a dividend?
We currently track 23 electric utilities operating companies paying a dividend, with a median yield of 3.40%. ETFs, closed-end funds and ADRs are excluded from this count — those are funds, not companies.
Which electric utilities stock has the highest dividend yield?
EIX shows the highest trailing yield in the sector at 6.36%. Treat the very top of any yield list with suspicion: an unusually high figure is often a special or one-off payment sitting in the trailing rate, or a share price that has collapsed.
Are high-yield electric utilities dividends safe?
Yield alone tells you nothing about safety. In this sector 9 of 23 companies pay out 60% or less of earnings, which is the group with genuine room to keep raising. None have cut recently, and 1 have raised.
Do any electric utilities companies pay monthly dividends?
No. Every dividend payer in this sector pays quarterly, semi-annually or annually. Monthly dividends are concentrated in REITs, BDCs and specialty finance.
How often is this list updated?
Nightly. Prices, yields, payout ratios and performance come from our own data pipeline, and this page reflects prices as of Sep 3, 2026. New dividend initiations and cuts are picked up automatically.
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