Ameren Corp (NYSE:AEE)
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A public utility holding company whose subsidiaries, operate rate-regulated electric generation, transmission & distribution businesses, rate-regulated natural gas transmission& distribution businesses, & non-rate-regulated electric generation businesses.
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Huge Dividend, $2.54/share. Getting approvals for an additional nuclear facility at its Callaway nuclear power plant site. The community is behind this decision. The company is spending to make its coal facilities pollution free and the community is behind this too. It makes for an easier sell when the Company can show that the extra charges have gone into "feel-good" projects and the lights stay on! These guys know what they are doing and are making money at it. Also, AEE is one of lowest cost utilities in the country. So that leaves plenty of upside sell room if rate increases are needed.