FirstEnergy Corp. (NYSE:FE) is among the 14 Best Utility Dividend Stocks to Buy Now. The company operates in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York as one of America’s largest electric systems. However, FirstEnergy was recently ordered to pay over $250 million in penalties due to its involvement in a Statehouse bribery scandal five years ago. The company has admitted to paying bribes to state officials and agreed to pay $230 million to avoid prosecution. While FirstEnergy plans to invest $7.3 billion in its Ohio infrastructure, some investors see greater potential in AI stocks.

Read more at Yahoo Finance: FirstEnergy (FE) Ordered to Pay Over $250 million in Penalties