Investors looking for ways to generate reliable income may have industries like fossil fuels, consumer staples, or utilities come to mind. However, if one knows where to look, there are alternative industries that offer similar income streams as some of the better-known areas of the market for income investors. One of those areas is coal stocks.
Coal is a fuel that’s been out of favor for years in the energy sector, primarily due to its harsh environmental impact relative to other sources of fuel. However, coal is still a sizable proportion of energy generation in the United States and other parts of the world, and in this article, we’ll take a look at the two top-ranked coal stocks for dividend investors. They are: NACCO Industries (NYSE:NC) and Alliance Resource Partners (NASDAQ:ARLP).
Source: InvestorPlace
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