Utility stocks are historically strong Q4 performers. And 2021 was no exception, with the 13.1 percent return by the Dow Jones Utility Average turning a weak year into a respectable showing.
It was by no means a universal. The table “2021 Best and Worst” shows a gap of 172.7 percentage points between top performer Huaneng Power (Hong Kong: 902, NYSE: HNP) and the worst Just Energy Group (TSX: JE, OTC: JENCQ).
Utility Report Card features 2021 dividend growth and total return performance data for all of the companies in our coverage universe. Of the 183 currently tracked, 133 had positive returns while 50 were in the red.
Oil and gas companies had a strong recovery as two Conrad’s Utility Investor portfolios made the Top 10 list, National Fuel Gas (NYSE: NFG) and ONEOK Inc (NYSE: OKE). And M&A launched several winners, with our now converted Centerpoint Energy Preferred paying off with the sale of the company’s interest in the former Enable Midstream.
Invest Smarter! Join Conrad’s Utility Investor!
Smart investing. Taking advantage of real opportunities and not fads (and knowing the difference). Finding the companies and stocks that will deliver for the long haul, so investing lets you live instead of investing turning into your life. Roger Conrad has dedicated his career to these principles—and that’s what Conrad's Utility Investor delivers.
Roger's favorite utilities for investors seeking superior price appreciation by taking calculated risks.
Harness the tried and true wealth-building power of rising dividends.
Nothing compounds wealth like reinvesting a rising stream of dividends.
Warning: Falling Dividends.
Roger's current take and vital statistics on more than 200 essential-services stocks.