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Mad Money's Top 3 Utility Dividend Picks
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Published Wed, 30 May 2012 23:46:01 -0400 on Seeking Alpha
Jim Cramer recently released Cramer's Top Dividend Stocks 2012 in which he picked 16 dividend plays for a tough economy. The selection features some of the traditional Dividend Aristocrats such as Coca-Cola (KO), Abbott Laboratories (ABT) and Clorox (CLX). His picks also include three power utility companies that have very low betas and high dividend yields. Cramer recommends buying stocks of these utility companies not only to earn income but also to safeguard investments during the market downturn. While they represent defensive alternatives to the riskier equities during the market's downward spiral, some of these dividend stocks face near-term challenges that could limit their capital gains potential. The stocks are likewise generally priced above the industry and, in some cases, above the market's valuation. (click to enlarge) (click to enlarge) (click to enlarge) American Electric Power Company (AEP) is an $18.5 billion power utility company providing electricity to customers in... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield FIRSTENERGY 
US3379321074 42.62 27.3 1.58 2.20 5.16 DUKE ENERGY
US2653387074 68.88 21.1 3.31 3.06 4.44 AMERICAN ELECTRIC POWER
US0255371017 47.71 19.0 2.54 1.96 4.11 CLOROX
US1890541097 86.61 20.2 4.27 2.56 2.96 COCA-COLA
US1912161007 42.24 22.0 1.91 1.12 2.65 ABBOTT LABORATORIES
US0028241000 37.76 76.6 0.49 0.56 1.48