John Rockefeller described pipelines as “barrels without bottoms.” Thanks to their constant flow of crude oil and natural gas, pipelines have long been a stable way for investors to generate returns and income no matter what the economic environment. And our latest Best Dividend Protection Stocks Model Portfolio pick happens to be one of the best. With 20 years’ worth of dividend increases under its belt, our pick continues to make the most of its massive system!
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
That system is one of the largest pipeline networks dedicated to crude oil. Nearly all the oil refined in our nation takes a journey along our pick’s system. In fact, our pick’s system of pipelines, storage assets and processing facilities is so important, it comes with its own futures contracts. This steadfastness and importance continue to generate high cash flow and profits.
But our pick has plenty of growth behind it as well.
With plenty of organic projects, expansion potential and even bolt-on M&A, our pick has plenty of future potential to grow its cash flow even further. And thanks to its conservative management and balance sheet, those expansion plans have been carefully laid out to ensure that shareholders are protected.
All in all, our pick makes for a wonderful addition to any conservative dividend seeker’s portfolio.