Energy prices have been very volatile lately, rising and falling in sync with the current geopolitical landscape and economic pressures. For energy producers, this has been a big issue, with several cutting their once lucrative dividends. But that’s not the case for our latest Best Energy Dividend Stocks List pick. Our pick continues to deliver energy and dividend increases to its shareholders!
The reason for the steadfastness remains that our pick’s focus is on moving crude oil rather than producing it. For our pick, it doesn’t matter what the price of oil is currently trading at. Cash flow is based on volumes of crude moving through its massive system – a system that services the vast bulk of refined products in the nation.
This fact, plus its conservative management profile, has continued to benefit shareholders through dividend increases, growth and balance sheet strength.
In the end, our pick continues to support its high yield and makes for a wonderful choice in the energy sector.
You can check out the Best Energy Dividend Stocks List to explore all the stocks.
