8. Southern Company
Daniel Peris, manager of the Federated Strategic Value Dividend Fund (SVAAX) and the Federated International Strategic Value Dividend Fund (IVFAX)
Peris's holdings include Southern Co. (SO
), a public utility based in Atlanta, along with utilities Dominion Resources (D
) of Richmond, Va., and Duke Energy (DUK
), based in Charlotte, N.C. These power providers will benefit from the movement of older Americans to the U.S. southeast. In addition, the stocks attract older investors interested in dividend income, says Peris. Southern has a 4.8 percent dividend yield, Dominion 4.5 percent, and Duke 5.4 percent.