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Eversource Energy Offers Attractive Dividend Yield Above 5%

Eversource Energy (ES) is yielding above 5% on its quarterly dividend, drawing attention from investors. This sustainable yield, backed by consistent dividend growth over 20 years, signals potential stock price stability and attractiveness for income-focused investors.

Date: 
AI Rating:   7
**Dividend Yield**: Eversource Energy (Symbol: ES) is currently yielding above 5% based on its quarterly dividend of $3.01 annualized. This yield is compelling for investors, especially considering that dividends historically contribute significantly to total stock market returns. The report highlights that while sharing past performance of the S&P 500 ETF (SPY), the emphasis on dividends suggests that investors who focus on consistent dividend-paying stocks might yield better total returns even if the stock prices fluctuate. This information implies a favorable outlook for Eversource, as its ability to provide significant dividend yields can attract income investors looking for reliable returns, impacting stock prices positively. **Dividend Consistency**: The text mentions that Eversource Energy has been growing its dividend for over 20 years consecutively. This history of dividend growth not only indicates the company's commitment to returning value to shareholders but also suggests a stable earning environment, further enhancing investor confidence. As dividends often reflect company profitability, this long-standing trend can lead to a price increase as investors seek these stocks as safer investments in turbulent market conditions.
Stocks:  ES