If one benefit to the oil slowdown and energy crash stands out, it’s that yields on energy stocks have now reached historical highs. That puts many energy stocks on par with many other traditional dividend sectors. While that current high yield is of little consolation to long-suffering shareholders in many of these firms, for investors just now looking for income opportunities, the sector is ripe for the picking.
Oil prices seem to be stabilizing and many energy stocks have already taken the painful — but necessary — step to cut payouts. Those who haven’t have perhaps already gone through the worst of it. The dividends on many energy stocks are essentially “safer” than they were before. With that in mind, those investors looking for income may want to consider adding a few of the better yielding firms to their portfolio, starting with these seven: TransCanada Corporation (USA) (TRP), Valero Energy Corporation (VLO), Occidental Petroleum Corporation (OXY), ConocoPhillips (COP), Suncor Energy Inc. (USA) (SU), Exxon Mobil Corporation (XOM) and Magellan Midstream Partners, L.P. (MMP).
Source: InvestorPlace
Related Articles:
- 17 Investments That Pay Monthly Dividends
- 5 Dividend Stocks To Build Your Future Security
- 7 Dividend Stocks With A Low Payout Ratio
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
- Income Annuities vs. Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
How do you assess risk? Different investors have different approaches, and when a Black Swan event topples the market, risk assessment becom...
-
Today, we’ll look at three high-yield dividend stocks that have earned a ‘perfect 10’ from the Smart Score. For investors seeking a clear fo...
-
Many companies have been suspending their dividends during the COVID-19 crisis, and in many cases it is understandable. In times of economic...
-
While near-term fluctuations in the stock market can be unpredictable, dividends are one of the few reliable sources of market returns. Stoc...
-
With the price of oil rebounding, I wanted to find five cheap energy stocks that have solid dividend yields. In other words, the dividends a...
-
AbbVie (NASDAQ:ABBV) is in the midst of a transition. AbbVie began life about a decade ago when it was spun off from health care and medical...
-
3M Company (NYSE:MMM) is growing its FCF very well, and as a result, MMM stock is likely to move up at least 44% over the next or so. Right ...
-
“Research shows that dividend cuts are associated with significant share price declines on announcement,” Cornell University Professor of Fi...
-
Dividend investing is a great way for investors to earn reliable income. Dividend stocks tend to have stable, cash-generating business model...
-
We’ve pulled up the details on some of Oppenheimer's recommendations. These are stocks with a specific set of clear attributes, that fre...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.