US utility dividend payers
The large regulated utilities that deliver electricity, natural gas and water across the US: how often they pay, how long they've raised and what changed in 2026.
General information, not financial advice. No prices or yields on this page: those change every day and live in the app.
Regulated utilities are among the best-known dividend payers in the US market. Most of their revenue comes from rates approved by state regulators, which usually makes their cash flow steadier than that of companies tied to commodity prices or consumer spending. Long-term dividend investors often look at them for that reason. They carry their own risks too: high debt, large building programs, rate decisions and sensitivity to interest rates. This page lists ten of the largest, longest-established US utilities with their payment frequency, raise streaks where one is confirmed, and sourced facts about their 2026 dividends. Live yields are in the app.
How to read this page. Companies are listed alphabetically. The raise streak is consecutive years with a higher annual dividend, as the app counts it; where the company gives its own count, it is quoted. “–” means the app shows no streak. Amounts are per share, in US dollars.
American Electric Power
AEP- What it does
- Electric utility with generation, transmission and distribution in several US states.
- Pays
- Quarterly.
- Raise streak
- – (no confirmed count yet).
- Dividend facts
- On October 20 2026 AEP raised its quarterly dividend 2 cents, from $0.95 to $0.97, payable December 10 20261.
American Water Works
AWK- What it does
- Regulated water and wastewater utility serving communities in many US states.
- Pays
- Quarterly.
- Raise streak
- – (no confirmed count yet).
- Dividend facts
- In April 2026 the quarterly dividend rose 8.2% to $0.8950. The company expects long-term dividend growth of 7-9% a year and targets a payout of 55-60% of earnings2.
Atmos Energy
ATO- What it does
- Natural gas distribution and pipelines, mostly in Texas and the South.
- Pays
- Quarterly.
- Raise streak
- 41 years in the app's records3. Atmos's own releases that we found don't state a count.
- Dividend facts
- In November 2026 Atmos declared a $1.09 quarterly dividend; the indicated annual dividend for fiscal 2027 is $4.36, up 9.0%4.
Consolidated Edison
ED- What it does
- Electric, gas and steam utility for New York City and Westchester County.
- Pays
- Quarterly.
- Raise streak
- 52 years3. In January 2026 the annualized dividend rose 15 cents to $3.55 (88.75 cents a quarter), its 52nd consecutive annual increase5.
- Dividend facts
- Con Edison says this extends its record for the longest period of consecutive annual dividend increases of any utility in the S&P 5005.
Duke Energy
DUK- What it does
- Electric and gas utilities in the Carolinas, Florida and the Midwest.
- Pays
- Quarterly.
- Raise streak
- – (no confirmed count yet).
- Dividend facts
- On July 14 2026 Duke raised its quarterly dividend 2 cents to $1.085, payable September 16 20266.
NextEra Energy
NEE- What it does
- Parent of Florida Power & Light and a large developer of wind, solar and battery-storage projects.
- Pays
- Quarterly.
- Raise streak
- 30 years in the app's records3. NextEra's own releases that we found don't state a count.
- Dividend facts
- In February 2026 NextEra declared a quarterly dividend of $0.6232, 10% higher than a year earlier7.
Sempra
SRE- What it does
- Utilities in California and Texas and energy infrastructure.
- Pays
- Quarterly.
- Raise streak
- – (no confirmed count yet).
- Dividend facts
- Sempra's 2026 annualized dividend is $2.63 a share, up from $2.58 in 2025, and it targets annual increases of 2-4% over its plan period8.
Southern Company
SO- What it does
- Electric and gas utilities in the US Southeast, including Georgia Power and Alabama Power.
- Pays
- Quarterly.
- Raise streak
- 25 years3. In April 2026 the quarterly dividend rose to 76 cents ($3.04 a year, up 8 cents), its 25th consecutive annual increase9.
WEC Energy Group
WEC- What it does
- Electric and gas utilities in Wisconsin, Illinois, Michigan and Minnesota.
- Pays
- Quarterly.
- Raise streak
- 23 years3. In January 2026 the quarterly dividend rose 6.7%, from 89.25 to 95.25 cents, its 23rd consecutive year of increases10.
- Dividend facts
- It was WEC's 334th consecutive quarterly dividend, a record going back to 1942. The company targets a payout of 65-70% of earnings10.
Xcel Energy
XEL- What it does
- Electric and natural gas utilities in several Midwestern and Western states.
- Pays
- Quarterly.
- Raise streak
- 23 years3. In February 2026 the quarterly dividend rose from 57 to 59.25 cents ($2.37 a year), its 23rd consecutive year of higher dividends11.
- Dividend facts
- Xcel targets annual dividend increases of 4-6% and a payout ratio of 45-55%11.
This page is general information, not financial advice. It is not a recommendation to buy, sell or hold any security. Dividends can be cut or suspended. Check the company's own filings before deciding anything.
Sources (last checked November 7, 2026)
- AEP, “AEP Increases Quarterly Dividend to 97 Cents a Share” (Oct 20 2026, Finviz copy), https://finviz.com/news/404730/aep-increases-quarterly-dividend-to-97-cents-a-share ; Newsquawk, https://www.newsquawk.com/headlines/american-electric-powe-aep-lifts-quarterly-dividend-to-usd-097shr-prev-usd-095shr-
- American Water, “American Water Announces Dividend Increase” (Apr 29 2026), https://newsroom.amwater.com/2026-04-29-American-Water-Announces-Dividend-Increase ; American Water investor relations, https://ir.amwater.com/news-and-events/financial-releases/financial-release-details/2026/American-Water-Announces-Dividend-Increase/default.aspx
- Raise streaks: Parachute Monkey's dividend records (payment history), checked against the company releases listed on this page.
- Atmos Energy, fiscal 2026 results and fiscal 2027 guidance (Nov 4 2026, Finviz copy), https://finviz.com/news/416123/atmos-energy-corporation-reports-earnings-for-fiscal-2026-initiates-fiscal-2027-guidance
- Con Edison, “Con Edison Declares Common Stock Dividend” (Jan 27 2026, Barchart copy), https://www.barchart.com/story/news/37259330/con-edison-declares-common-stock-dividend ; Stock Titan copy of the release, https://www.stocktitan.net/news/ED/con-edison-declares-common-stock-iu45t99wg7ar.html
- Duke Energy, “Duke Energy announces dividend payments to shareholders” (Jul 14 2026, Barchart copy), https://www.barchart.com/story/news/3280151/duke-energy-announces-dividend-payments-to-shareholders ; Finviz copy of the release, https://finviz.com/news/368049/duke-energy-announces-dividend-payments-to-shareholders
- NextEra Energy, board declares quarterly dividend (Feb 13 2026), https://www.investor.nexteraenergy.com/news-and-events/news-releases/2026/02-13-2026-163308214 ; Finviz copy of the release, https://finviz.com/news/310761/nextera-energy-board-declares-quarterly-dividend
- Sempra, “Sempra Reports 2025 Financial and Business Results” (Feb 26 2026), https://sempra.mediaroom.com/2026-02-26-Sempra-Reports-2025-Financial-and-Business-Results ; Sempra, “Sempra Declares Common Dividend” (May 13 2026), https://sempra.mediaroom.com/2026-05-13-Sempra-Declares-Common-Dividend
- Southern Company, “Southern Company increases dividend for 25th consecutive year” (Apr 20 2026), https://southerncompany.mediaroom.com/2026-04-20-Southern-Company-increases-dividend-for-25th-consecutive-year ; Barchart copy of the release, https://www.barchart.com/story/news/1406440/southern-company-increases-dividend-for-25th-consecutive-year
- WEC Energy Group, “WEC Energy Group raises quarterly dividend” (Jan 22 2026, PDF), https://s22.q4cdn.com/994559668/files/doc_news/2026/Jan/22/1-22-26-WEC-Energy-Group-raises-quarterly-dividend.pdf ; Urban Milwaukee copy of the release, https://urbanmilwaukee.com/pressrelease/wec-energy-group-raises-quarterly-dividend-by-6-7-percent/
- Xcel Energy, “Xcel Energy Inc. Board Increases 2026 Common Dividend” (Feb 25 2026), https://www.businesswire.com/news/home/20260225965115/en/Xcel-Energy-Inc.-Board-Increases-2026-Common-Dividend-Declares-Dividend-on-Common-Stock ; Barchart copy of the release, https://www.barchart.com/story/news/422537/xcel-energy-inc-board-increases-2026-common-dividend-declares-dividend-on-common-stock