2 No-Brainer High-Yield Utility Investments to Buy Right Now

The utility sector rallied strongly in 2024, with the average utility stock yield falling from around 3.6% to the current rate of around 2.8%. While that's still better than the 1.2% you would collect from the S&P 500 index, you can do much better.For example, even after a rally, Black Hills Corporation (NYSE: BKH) still yields roughly 4%. And Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) is yielding as much as 5.6%. Here's why each one is a no-brainer buy for income investors.When it comes to utilities, Black Hills is about as plain vanilla as they get. The company operates regulated natural gas and electric utilities, serving 1.3 million customers across parts of Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool