Looking for low beta dividend stocks, that don’t march to the beat of the market? It’s a common theme these days, with P/E’s of traditional value stocks and defensive stocks getting a bit stretched. Thanks to their dividend yields, and defensive attributes, normally stodgy Utilities stocks have led the pack in 2016, by a wide margin:
With this market-leading success in mind, we wondered if there were any low-beta utility dividend stocks left, which were still reasonably priced. We came up with two stocks, Public Service Enterprise Group, (PEG), and South Jersey Industries, (SJI), both of which have low betas, and a dividend yield over 3%.