The Ultimate High-Yield Utility Stock to Buy With $1,000 Right Now

There are some utilities that Wall Street knows quite well because they are so large and influential, like NextEra Energy (NYSE: NEE) or Southern Company (NYSE: SO). Then there's a company like Black Hills (NYSE: BKH) that few will recognize. That's too bad because Black Hills still has a generous yield and a way more impressive dividend history than either NextEra or Southern.Here's why Black Hills stock might be the ultimate place to invest $1,000 (or more) right now, even after an impressive utility sector advance.From a big-picture perspective, Black Hills is a pretty boring regulated utility business. It provides natural gas and electricity to around 1.3 million customers in parts of Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. Black Hills does exactly what you imagine -- it provides energy to its customers reliably and consistently. It doesn't have a separate business building renewable power like NextEra, and it isn't working on a giant capital investment like the nuclear power plants that Southern just completed. Black Hills does the basics and does them well. This is probably one of the reasons why Black Hills is a relative unknown on Wall Street.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool