Windstream Corporation (WIN), NiSource Inc. (NI), PPL Corporation (PPL): There Are Massive Double-Digit Dividends in Some Utility Stocks

Other companies didn’t do quite as well over the last year but could see their fortunes change in the coming years. Windstream Corporation (NASDAQ:WIN) shed 4% and yields more than 11%! It has been known as a rural telecom company, but has been shifting its focus more toward broadband service and business customers. Its investments in new revenue streams may ultimately pay off, but it remains significantly a landline company. It has been generating solid free cash flow. It reports its earnings on Thursday, and some wonder whether a dividend cut is around the corner.

The big picture
Demand for utilities isn’t going away anytime soon. A well-chosen ETF can grant you instant diversification across any industry or group of companies — and make investing in and profiting from it that much easier.

The article There Are Massive Double-Digit Dividends in Some Utility Stocks originally appeared on Fool.com.

Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, owns shares of Windstream. The Motley Fool has no position in any of the stocks mentioned.

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