Highest dividend yield Utilities stocks
Utilities companies worth over $1 billion with the highest trailing dividend yield. A very high yield often means the market expects a cut, so the payout ratio is shown next to it.
Top of the list: Edison International (EIX) 6.2%; Avista (AVA) 5.5%; The AES (AES) 4.7%.
The median dividend yield across these 48 companies is 3.2%.
| # | Company | Dividend yield | Payout ratio | Market cap | P/E | Revenue growth |
|---|---|---|---|---|---|---|
| 1 | Edison InternationalEIX | 6.2% | 51.7% | $21.2B | 5.93x | +7.7% |
| 2 | Avista CorporationAVA | 5.5% | 78.3% | $2.9B | 14.0x | +0.5% |
| 3 | The AES CorporationAES | 4.7% | 24.8% | $10.7B | 7.80x | +19.9% |
| 4 | Eversource EnergyES | 4.6% | 61.6% | $24.9B | 14.2x | +2.3% |
| 5 | Portland General Electric CoPOR | 4.4% | 80.5% | $5.4B | 20.7x | +1.6% |
| 6 | Dominion Energy IncD | 4.3% | 77.6% | $53.4B | 18.2x | +23.1% |
| 7 | Spire IncSR | 4.0% | 64.4% | $4.7B | 16.1x | +4.5% |
| 8 | FirstEnergy CorporationFE | 4.0% | 69.5% | $25.9B | 24.3x | +11.6% |
| 9 | Northwest Natural Gas CoNWN | 3.9% | 67.2% | $2.0B | 16.4x | +3.1% |
| 10 | UGI CorporationUGI | 3.9% | 64.1% | $8.3B | 13.7x | -4.5% |
| 11 | Exelon CorporationEXC | 3.8% | 59.6% | $43.3B | 15.5x | +7.9% |
| 12 | One Gas IncOGS | 3.7% | 60.0% | $4.5B | 16.2x | — |
| 13 | NewJersey Resources CorporationNJR | 3.7% | 56.4% | $5.2B | 15.2x | +16.8% |
| 14 | Black Hills CorporationBKH | 3.6% | 68.4% | $5.7B | 19.5x | +3.1% |
| 15 | Public Service Enterprise Group IncPEG | 3.6% | 62.4% | $36.1B | 16.0x | -8.9% |
| 16 | Essential Utilities IncWTRG | 3.6% | 68.3% | $10.8B | 19.5x | +3.1% |
| 17 | OGE Energy CorporationOGE | 3.6% | 75.4% | $9.7B | 21.0x | -0.6% |
| 18 | Pinnacle West Capital CorpPNW | 3.6% | 67.5% | $12.1B | 18.6x | +7.1% |
| 19 | WEC Energy Group IncWEC | 3.6% | 73.7% | $33.9B | 20.8x | +2.6% |
| 20 | NorthWestern CorporationNWE | 3.5% | 72.5% | $4.6B | 26.8x | +14.6% |
| 21 | DTE Energy CompanyDTE | 3.4% | 62.5% | $26.0B | 20.5x | +15.8% |
| 22 | Evergy, Inc.EVRG | 3.3% | 69.5% | $18.8B | 21.7x | +5.0% |
| 23 | PPL CorporationPPL | 3.2% | 60.7% | $25.4B | 20.7x | +10.8% |
| 24 | Sempra EnergySRE | 3.2% | 54.1% | $52.3B | 27.2x | -3.9% |
| 25 | Nextera Energy IncNEE | 3.2% | 61.0% | $153.2B | 18.6x | +7.3% |
| 26 | Southern CompanySO | 3.1% | 67.9% | $98.2B | 22.3x | +8.0% |
| 27 | Alliant Energy CorpLNT | 3.1% | 64.8% | $17.2B | 20.9x | +5.0% |
| 28 | American Electric Power Co IncAEP | 3.1% | 62.4% | $65.4B | 17.8x | +10.2% |
| 29 | Consolidated Edison IncED | 3.0% | 61.5% | $39.8B | 18.2x | +6.2% |
| 30 | Xcel Energy IncXEL | 3.0% | 65.8% | $46.0B | 21.2x | -5.1% |
| 31 | Southwest Gas Holdings IncSWX | 3.0% | 79.5% | $6.1B | 25.6x | -21.6% |
| 32 | Ameren CorpAEE | 2.9% | 51.8% | $27.6B | 17.9x | -5.8% |
| 33 | MDU Resources Group IncMDU | 2.9% | 60.9% | $3.9B | 20.1x | +6.9% |
| 34 | NiSource IncNI | 2.9% | 58.6% | $19.7B | 20.4x | +3.5% |
| 35 | California Water Service GroupCWT | 2.8% | 63.5% | $2.7B | 22.5x | +8.5% |
| 36 | American Water WorksAWK | 2.7% | 59.6% | $24.6B | 22.3x | +6.2% |
| 37 | TXNM Energy, Inc.TXNM | 2.6% | 73.2% | $6.5B | 41.6x | +4.6% |
| 38 | IDACORP IncIDA | 2.6% | 58.2% | $7.5B | 22.4x | +1.8% |
| 39 | MGE Energy IncMGEE | 2.5% | 48.1% | $2.7B | 18.2x | +10.8% |
| 40 | American States Water CompanyAWR | 2.5% | 58.9% | $3.1B | 23.4x | +11.2% |
| 41 | H2O AmericaHTO | 2.5% | 58.5% | $2.5B | 20.2x | +9.4% |
| 42 | Atmos Energy CorporationATO | 2.4% | 47.5% | $26.5B | 19.5x | +4.8% |
| 43 | Entergy CorporationETR | 2.4% | 63.8% | $46.3B | 25.8x | +12.0% |
| 44 | CenterPoint Energy IncCNP | 2.3% | 50.0% | $24.8B | 23.3x | +1.9% |
| 45 | Chesapeake Utilities CorporationCPK | 2.1% | 44.5% | $3.0B | 20.2x | +4.7% |
| 46 | Vistra Corp.VST | 0.56% | 15.2% | $55.1B | 27.3x | -5.5% |
| 47 | Ormat Technologies IncORA | 0.54% | 16.8% | $5.4B | 42.1x | +10.6% |
| 48 | Constellation Energy CorpCEG | 0.52% | 16.4% | $104.6B | 25.2x | +23.0% |
Ranked from each company's latest price and reported results. Companies need a page on Investingly (SEC statements on file). Open any company for its reverse DCF, insider buying and 13F holders.
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Questions
Which company ranks first on the highest dividend yield utilities stocks list?
Edison International (EIX), with a dividend yield of 6.2%, as of October 12, 2026.
How is this list built?
US companies worth over $1 billion with the highest trailing dividend yield. A very high yield often means the market expects a cut, so the payout ratio is shown next to it. It shows the top 48 and is rebuilt every day.
Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.