This story was originally published here.
Are you looking for a wild ride or are you looking for consistent income? For a de-risked portfolio and solid dividends, utilities stocks are a time-tested favorite investment option.
Along with the dividends, utilities stocks are considered relatively safe because they provide power to homes and businesses. This is considered a necessity that never goes out of style.
It’s a sound policy to stick to the best companies in any sector. When it comes to utilities companies, five names are well-regarded and have a long history…
Utilities Stocks to Buy: Duke Energy (DUK)
Like just about every company in the United States, Duke Energy is dealing with the Covid-19 crisis. This particular company seems to be taking the situation in stride, however.
Consider Duke’s first-quarter net income, which came out to $899 million. That’s just about exactly in line with the same quarter of the previous year, when Duke’s net income was $900 million. Meanwhile, this year’s first-quarter revenue totaled $5.95 billion, which is not too far below the $6.16 billion reported in the first quarter of the prior year.
So, while there is some pressure being felt during the pandemic, it’s not too severe. For the time being, DUK stockholders can ride out the crisis with a decent 4.54% forward annual dividend yield.
Editor's Note: For all 5 utility stocks, click here.
65 Unique Ways ANYONE Can Make Extra Cash (Without Getting a Second Job)
Are you looking for great sources of real income, without having to get a second job?
Then keep reading, because author Neil George wants to send you his new book that profiles 65 simple ways to earn large amounts of work-free income.
…extra cash that you can collect ON TOP of your Social Security check…
…without messing around with crappy jobs. (Pizza delivery driver? No way.)
These are PROVEN cash-gushing strategies… the kind typically used by the wealthy elite.
And the best part…
Neil George has set aside copies of his book, Income for Life, and he’s willing to send you a hardback version today, ABSOLUTELY FREE (just pay shipping).
(Just 517 copies left, so click here to claim yours before it's ripped away.)
Here's just a sample of what you can find inside:
- Learn the secret of the $50,000 lump sum Social Security check. Seriously, it couldn’t be easier!
- Use what Neil calls the “F.H.A. Loophole” to get the government to pay your mortgage – PLUS receive hundreds in extra cash on top.(Page 217)
- Collect $100s for pictures in Old Family Photo Albums! Believe it or not, there is an easy way to turn your old artwork/photographs into $100 bills (certain businesses are desperate). (Page 297)
- Get paid every time your favorite song gets played on the radio! This little-known website allows you to tap into royalty payments every time your favorite song is played on the radio. Some lucky folks collect thousands of dollars a year! (Page 307)
- Pocket upwards of $197 PER HOUR simply by taking a walk through the woods in the fall… or $137 while visiting your favorite beach in the summer… and many, many more!
Needless to say, this book has become highly sought after.
So if you don't claim your free copy of Income for Life today, we'll send it to the person behind you in line…