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SO, NEE, and D: Comparing US Utilities’ Total Returns

Vineet Kulkarni - Author
By

Aug. 18 2020, Updated 6:29 a.m. ET

US utilities’ total returns

Let’s have a look at US utilities’ total returns for the last year. Southern Company (SO), one of the largest utilities in the United States, has returned 8%, and the Utilities Select Sector SPDR ETF (XLU) has returned 14% in the last year.

Investors largely assess utilities’ performances by way of their dividends. So, total returns are a more appropriate metric by which to measure utilities’ performances, as total returns consider dividends as well as capital appreciation during specific periods of time.

As we can see in the chart above, NextEra Energy (NEE) leads the pack with its enormous 22% return in the last year. NextEra is one of the fastest-growing utility companies in the sector.

In comparison, Duke Energy (DUK) and Dominion Resources (D) have provided total returns of 14% and 18%, respectively.

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