Ameren Corp (AEE), PPL Corporation (PPL), and Three Dividend Stocks Hitting New Highs, One Dropping Fast

It’s not all good
If you need proof that the previous stocks’ gains are more than a sectorwide soar, look no further than Atlantic Power Corp (NYSE:AT). The utility’s shares are down 66% in the past year, with the biggest dip coming after a double-whammy dividend haircut and dismal quarter. The company officially transitioned to its new 66% reduced dividend this week, bringing its current yield to 9%. Although this certainly seems high, it speaks more to the utility’s slumping price than a dividend stock grab.

Source: AT data by YCharts.

Here today, gone tomorrow?
Like most other economically tied investments, utility stocks have risen significantly over the past few years. But what separates these stock market winners from others is their stability. Each company is working hard to reduce risk, heading for regulatory waters in lieu of competitive chaos. If these dividend stocks continue to churn out payouts and profits as markets remain volatile, there could be plenty of upside in the years ahead.

The article 3 Dividend Stocks Hitting New Highs — and 1 Dropping Fast originally appeared on Fool.com.

Fool contributor Justin Loiseau has no position in any stocks mentioned, but he does use electricity. You can follow him on Twitter @TMFJLo and on Motley Fool CAPS @TMFJLo.The Motley Fool has no position in any of the stocks mentioned.

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