There is a natural gas utility company that is the eighth oldest listed stock on the New York Stock Exchange , and celebrated its 120 year anniversary on December 7, 2009. In addition, it was one of the original stocks in the Dow Jones Industrial Average , back in 1896. How's that for a track record. And the name of the stock is Laclede Group Inc. (LG), formerly known as Laclede Gas Company. This is a natural gas utility that yields 3.9%, trades at 15.9 times trailing earnings, and has a forward price to earnings ratio of 15.8. The company pays out $37.37 million in dividends, very well covered by the company's operating cash flow of $94 million. The company has increased its dividend every year since 2003. Net economic earnings for the latest quarter were $0.40 per share compared to $0.65 per share last year. Excluding prior year earnings of $0.27 per share from the propane sale, net economic earnings grew by 5% from the prior year. Other natural gas and propane gas utilities with high yields are available. WallStreetNewsNetwork.com has turned up over 20 gas utilities with yields ranging from 2% to in excess of 10%, such as Nicor (GAS) yielding 4.5%, Spectra Energy (SE) yielding 3.8%, and Chesapeake Utilities (CPK) yielding 3.1%. You might also consider investing in electric utilities , which also pay fairly high yields, many in excess of 5%. To see a list of 20 gas utilities, you can get a free downloadable Excel database of natural gas and propane stocks at WallStreetNewsNetwork.com. Disclosure: Author did not own any of the above at the time the article was written. By Stockerblog.com