Value Investing News

Electric, Gas and Water utilities have always been traditionally regarded as income stocks by investors. Their high current yields, and the relative stability of their distributions made them a preferred choice for investors who are seeking current income from their assets.

The dividend aristocrats whose ability to pay a dividend with such regularity, while other companies have had to either cut or eliminate their dividend payments, speaks volumes about their business model. In addition to that, the diversification and careful management of these companies’ resources has provided shareholders with long-term sustainable results.

What do you do when the economy tanks and the stock market follows suit, but you are still generating a lot of cash? Many people would look for bargains in the market. Wal-Mart (WMT) [analysis] has done just that.

Ever since the broad market indexes entered into bear market territory, I have been checking the dividend champions list for bargains. I came up with a list, using the follwoing screen criteria: