3 High Yield Utility Stocks With Safe Dividends

The article recommends three utility stocks as defensive investments against potential economic downturns driven by persistent inflation and geopolitical tensions. American Electric Power (AEP) exceeded earnings expectations with strong revenue and raised its dividend while guiding higher EPS growth. Consolidated Edison (ED) reported revenue growth and has increased dividends for 52 consecutive years, qualifying as a Dividend King. American Water Works (AWK) raised its dividend by 8.2% and reaffirmed its long-term growth targets, with consistent revenue increases driven by rate case wins.