The Best Dividend Paying Utility Stocks to Invest $2,000 in Right Now

Utilities are generally considered safe income investment vehicles. Back in the day, they used to be called widow-and-orphan stocks on Wall Street. That said, there are very different ways you can invest for dividends in the utility sector and some of these stocks now have broader appeal than just the widows and orphans.Three of the best utility stock options today are Black Hills (NYSE: BKH), NextEra Energy (NYSE: NEE), and Dominion Energy (NYSE: D), but each one is attractive for a very (very!) different reason. Here's what you need to know.The Dividend King list is a highly elite group of companies that have increased their dividends annually for at least 50 consecutive years. There aren't a lot of utilities on the list, but Black Hills is one of them. The stock's yield is also a very attractive 4.2% today, which is much higher than the 1.2% yield of the S&P 500 index or the average utility's 2.6%, using Utilities Select Sector SPDR ETF (NYSEMKT: XLU) as an industry proxy. If you like high yields and boring tortoise-like companies, Black Hills is for you.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool