Bernstein Offers List of Names in Utilities Sector Unlikely to Maintain Dividends

Bernstein analyst Hugh Wynne published a report Friday highlighting regulated utilities companies which have frozen or cut their dividends have strongly underperformed the sector. Wynne sees the following companies as least likely to sustain their dividends:

On the other side the spectrum, Wynne noted a list of companies he believes would be most likely to sustain dividends:

Wynne believes Edison and El Paso shares are undervalued while Pepco is overvalued.