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
-
Are you sick and tired of low interest rates? Certificates of deposit pay next to nothing. Bonds yield only three or four percent a year. Su...
-
Late last year, Wall Street had a bit of a panic attack when Fed chairman Jerome Powell suggested this tightening was on autopilot. While th...
-
If you’ve been following this column, you’d know that monthly dividend stocks tend to come from two main types of businesses: real estate an...
-
These three picks are all up more than 10% so far in 2019. The three themes are LNG, specialized healthcare, and small banks. The yields ran...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
This company makes a compelling value proposition based on valuation, risk/reward, yield, and upside potential. I added this hotel REIT las...
-
This company makes a compelling value proposition on the dip for DGI investors. The REIT has strong portfolio stats and a conservative AFFO-...
-
If a company pays, say, 14%, you would only need to put up $71,429 to earn $10,000 in annual dividends. Of course, we know that double-digit...
-
Stocks with high dividend yields can be great, but if a stock has a high dividend yield and also has lots of long-term growth potential and ...
-
There are a lot of reasons to consider adding high-dividend stocks to your portfolio. They offer a steady income that can help ease the pain...
0 comments
Post a Comment
Post a Comment