Dividend-News
Daily dividend news for investors in dividend stocks
2 Utilities To Beat 15 Dividend Champions
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Published Tue, 24 Apr 2012 16:09:39 -0400 on Seeking Alpha
If you're a dividend income investor who is looking to put new money to work in the utilities sector, let me offer up two UK utilities that offer the same characteristics as US Dividend Champion utility stocks, but with lower valuations and significantly higher yields: SSE PLC (SSEZY.PK) - Market Cap 20B National Grid PLC (NGG) - Market Cap 36B These are large cap national utilities, although both have activities outside their home markets. They have many similar characteristics as US Dividend Champion utility stocks, but due to the lower valuation of the UK market, these two behemoths currently trade at deep discounts to their US counterparts. P/E* Current Yield* S&P 500 16.17 1.98 FTSE 100 9.92 3.3 * Sources: Birinyi Associates; WSJ Market Data Group From the table above we can see the FTSE 100 P/E is trading 38% below S&P levels, while current yields are 66% higher. SSE... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield NATIONAL GRID 
US6362743006 63.16 13.4 4.76 3.17 5.02