Travis Miller: Most U.S. utilities these days are in good financial health with good dividend growth prospects and well-covered dividends. We're going to highlight three that we think are particularly good for income investors.
We think Edison International offers investors both upside to our $66 per share fair value estimate, 4.5% yield, and also 6% dividend growth. It's been caught up in some of the wildfire concerns in California, but we don't think that risk is nearly at the level of its northern neighbor PG&E, which pays no dividend.
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Travis Miller does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.