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OCR: TWENTY SAFE UTILITIES THAT PAY AS MUCH AS 7.8% Analysts expect these 20 utilities listed order nf total return: for the past five vears to provide both reliable dividend growth anc capital gains over the next five vears find them. MONEY screened 112of the largest publicly power companies with the help of GR Pugh, Cranford N... firm. Each has paid its divi. dend faithfully for at least six vears and has increased at least once since January 1987. We dropped utilities with pavout ratios above 85%- that is those paying out more than 85% of their after- tay earnings ir dividends -because such compa- nies run greater risk of fheing forced to cut their dividends The companies helow have ratings from Moody's ofe (the top rating Aaa) And all are expected to increase their revenues in part because ...