A diversified energy company that, through its operating subsidiaries, is engaged primarily in two principal business operations: electricity and natural gas delivery, and competitive energy generation, marketing and supply.
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Pepco Holdings is another one of those boring utility companies that deliver electricity and natural gas (to Delaware, Maryland, New Jersey, and Washington, DC., in the case of POM). It pays a boringly consistent dividend (currently just over 7.5%), quarter after quarter, year after year, for as long as people want to heat and light their homes. Bore me all the way to the bank.