By Double Dividend Stocks:
Looking for defensive dividend stocks? With the S&P down 1.95% over its past five sessions, and virtually flat over the past trading month, the defensive utility sector is back in favor. It went from being the worst performer during the quarter (down 0.71%) to being the second best performer during the past trading month (up 1.93%), trailing only healthcare, which is up 2.46% for the same period. In addition to being a sought after "safe haven," the utility sector also has the highest dividend yield in the S&P 500, 4.21% vs. 2.18% for healthcare.It's long been said that water will be the most precious commodity in the 21st century, due to global population growth and a growing scarcity of potable water in many areas. One water utility firm directly involved in solving this issue is Consolidated Water Company (CWCO) of the Cayman Islands, which is listed in the utilitiesComplete Story »
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