For the global energy industry, the bigger you are, the better you are. Size and scope can allow a firm to pull out the most profits from its wells, midstream and downstream operations, which is certainly true for our latest Best Energy Dividend Stocks List pick. Our selection has managed to use its size to record profits and reward shareholders for more than 30 years. Investors can take advantage of that dividend growth by buying the stock before it goes ex-dividend on Thursday, November 17, with a regular quarterly payout of $1.42 per share!
Our pick isn’t just a large energy stock. It happens to be one of the largest in the world – with assets spanning the globe and covering a variety of energy sub-sectors. This scale means it can pull oil out of the ground efficiently, move to where it needs to be and process it in a cost-effective manner. In the end, this helps it boost margins and cash flow.
Meanwhile, there’s plenty of growth to be had as well. A focus on chemical refining, LNG exports and shale production has continued to benefit the firm, providing plenty of future cash flow opportunities.
All in all, our pick remains a great play on rising demand.You can check out the Best Energy Dividend Stocks List to explore all the stocks.
