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Slideshow 10 Top DividendRank Utility Stocks

By The Online Investor Staff, updated Fri., Oct. 31, 11:50 PM

#10. Cleco Corp. (NYSE:CNL) — 3.0% YIELD

Cleco is a public utility holding company which holds investments in several subsidiaries, including Cleco Power LLC (Cleco Power) and Cleco Midstream Resources LLC (Midstream), which are its operating business segments. Cleco Power is an electric utility engaged principally in the generation, transmission, distribution and sale of electricity. Midstream is a merchant energy subsidiary that owns and operates a merchant power plant. As of Dec 31 2013, Cleco Power served about 284,000 customers in Louisiana via its retail business and supplies wholesale power in Louisiana and Mississippi. Midstream is a merchant energy subsidiary that owns and operates the Coughlin merchant power plant.

Company Name:  Cleco Corp.
Website:  www.cleco.com
Sector:  Electric Utilities
Number of ETFs Holding CNL:  52
Total Market Value Held by ETFs:  $371.97M
Total Market Capitalization:  $3.23B
% of Market Cap. Held by ETFs:  11.52%

Open the CNL Page at The Online Investor (in a new window) »

October 31, 2014    11:50 PM Eastern
Quotes delayed 20 minutes



Hold (2.00 out of 4)
4th percentile
(ranked lower than approx. 96% of all stocks covered)
Based on Zacks ABR data;
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