Utilities don't get much attention unless the topic concerns dividend investing or some major disaster. That's unfortunate, as the utility sector is seeing some pretty interesting developments in terms of mergers, deregulation, environmental rules, and fuel economics. As one of the largest utilities in the country, American Electric Power (AEP) is seeing the impact of all of these on its operations, but perhaps none so much as the oncoming deregulation in Ohio.
While investors ought to shop around and consider other dividend-heavy ideas like pipeline operators, this utility isn't a bad option for those content to sit tight and collect dividends.
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