The Best Multi-Utility Industrial Stocks You Can Buy Today

Whether you are a utility company or an investor, industrial multi-utility stocks are an attractive opportunity. These types of stocks have a positive long-term future as manufacturing is expected to grow at a faster rate than other industries. Furthermore, the world will continue to shift from service-based economies to production- and manufacturing-based economies. Therefore, the demand for industrial utilities will remain strong in the coming decades. There are many multi-utility industrial stocks you can invest in today. However, it is essential to know why these actions are worth your time and money before making a decision. Keep reading to learn more about why multi-utility industrial stocks are so attractive right now and how to invest in them if you want to take advantage of this opportunity.

Dominion Energy (D)

Headquarters: Virginia Dividend Yield: 6.3% Investors looking for a reliable industrial multi-utility stock should consider Dominion Energy. This Virginia-based company is well known for providing electricity and natural gas in Virginia, North Carolina, and the US Virgin Islands. Dominion Energy also offers other types of energy, including coal, nuclear and hydro. Dominion Energy has a long history of supplying electricity and natural gas to its customers and a solid track record of growth. Over the past decade, the company has grown its revenue and earnings per share by an average of 9.9% and 8.8% per year, respectively. Dominion Energy has an impressive dividend yield of 6.3%, one of the highest among the best industrial multi-utility stocks. Additionally, Dominion Energy has increased its dividend for nine consecutive years and has a substantial payout ratio of less than 50%. As of August 7, 2019, Dominion Energy had a price-to-earnings ratio of 9.1 and a price-to-book ratio of 1.3.

Financial MFA (MFA)

Headquarters: California Dividend yield: 6.1% MFA Financial is a multi-utility industrial company specializing in financing the purchase and lease of heavy industrial equipment. MFA Financial is the world’s largest equipment finance company and has the most industrial equipment under finance, worth more than $54.3 billion. MFA Financial offers flexible financing options that allow customers to select the best plan based on their needs. The Company offers indefinite leases, indefinite term leases, installment sales and loans. MFA Financial has a strong financial position with a total net worth of $4.4 billion and a debt ratio of 0.91. The company’s debt-to-equity ratio indicates that it has a good mix of funding and leverage that allows it to keep a close eye on its debt level. Additionally, MFA Financial has a positive long-term outlook as the construction and mining equipment industries are expected to grow faster than other industries. Therefore, the demand for MFA Financial’s services will remain strong for decades to come. MFA Financial has a price-to-earnings ratio of 9.9 and a price-to-book ratio of 1.7 as of August 7, 2019.

Apollo Commercial Real Estate Financing (ARI)

Headquarters: California Dividend yield: 6.1%Apollo Commercial Real Estate Finance is a full-service industrial company that provides financing to real estate investors. The company has a strong financial position with a total net worth of $3.5 billion and an equity-to-assets ratio of 82.4%. Apollo Commercial Real Estate Finance’s equity-to-assets ratio indicates that the company has a significant amount of equity. This suggests that the company has a strong financial position and can withstand a financial crisis. Additionally, Apollo Commercial Real Estate Finance has a low leverage ratio of 25.3%, which further strengthens the financial strength of the business. The company has a positive long-term outlook as the commercial real estate market is expected to grow faster than other sectors. As a result, demand for Apollo Commercial Real Estate Finance services will remain strong for decades to come. Apollo Commercial Real Estate Finance has a high dividend yield of 6.1%, one of the highest among the best industrial multi-utility stocks. The company has increased its dividend for three consecutive years and has a substantial payout ratio of less than 50%. As of August 7, 2019, Apollo Commercial Real Estate Finance had a price-to-earnings ratio of 9.1 and a price-to-book ratio of 1.9.

Capital Loan (RC)

Headquarters: New York Dividend Yield: 6.2%Ready Capital is a full-service industrial company that provides supply chain finance. The company offers flexible financing options that allow customers to select the best plan based on their needs. Ready Capital’s financing plans are tailored to the needs of its clients, including prepayment options and extended payment periods. This company also offers real-time funding with no application or setup fees. Ready Capital’s financial strength is evident in its total net worth of $4.4 billion and low equity-to-assets ratio of 49.6%. The company also has a strong debt ratio of 15.5%, which further reinforces the financial strength of the company. Ready Capital has a positive long-term outlook as e-commerce is expected to grow faster than other industries. Therefore, the demand for Ready Capital’s services will remain strong for the next few decades. Ready Capital has a high dividend yield of 6.2%, one of the highest among the best industrial multi-utility stocks. The company has increased its dividend for two consecutive years and has a substantial payout ratio of less than 50%. As of August 7, 2019, Ready Capital had a price-to-earnings ratio of 9.3 and a price-to-book ratio of 2.0.

Conclusion

As the economy continues to grow, more and more people will need electricity. As a result, electricity demand is expected to grow by 2.3% over the next decade. This is great news for utility companies because their business models are sustainable. Therefore, multi-utility industrial stocks are an attractive investment opportunity as they have a positive long-term future and provide consistent returns to investors.

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