As the world turns its back on Russian oil and natural gas, the United States is stepping up to fill the void. U.S. liquefied natural gas (LNG) exports rose nearly 16% last month to record levels. This continued surge in exports puts our Best Energy Dividend Stocks List selection in an enviable position!
Our pick owns one of the few critical pieces of needed infrastructure to make these exports happen – a mega-sized liquefaction facility on the Gulf Coast. There are only a handful of these in the nation and most are still under construction, giving our pick a huge head start on exporting natural gas. And with no real competition, our pick has been able to feast on long-term contracts.
Better still, our pick is structured as an MLP, meaning that cash flows back to investors as big dividends.
With demand surging, our pick will have even more cash to support its hefty 5% yield. The stock is expected to go ex-dividend next on Friday, April 29 (estimated date).
You can check out the Best Energy Dividend Stocks List to explore all the stocks.
