It turns out, moving energy commodities from place to place is a wonderful business to be in. Just ask our latest Best Energy Dividend Stocks List pick. Our pick continues to win with rising cash flow and profits. Investors have won too – with our pick recently raising its dividend by a whopping 9.9%. Investors can take advantage of that opportunity before Monday, November 14, when the stock goes ex-dividend with a regular quarterly dividend of $0.775 per share.
The key for our pick remains the consistent nature of its assets. Thanks to steady volumes along its pipelines, our pick has been able to realize plenty of cash flow over the years. Our pick’s cash flow has received a boost in recent quarters as energy demand has only risen.
Adding in a touch of extra “oomph” from its natural gas processing assets as well as commodity-based fees, and you have a recipe for long-term growth.
All in all, our latest energy pick remains one of the best master limited partnerships (MLPs) around. One that continues to serve investors a high, supported dividend.
You can check out the Best Energy Dividend Stocks List to explore all the stocks.
