Thanks to geopolitical pressures and supply/demand issues, energy prices continue to rise. For those stocks in the sector, these have been the halcyon days- full of rising profits, growing revenues, and dividend increases. Our latest Best Energy Dividend Stocks List pick is a prime example of the energy resurgence in action.
Our pick is one of the largest midstream stocks in the nation. Featuring more than 50,000 miles worth of pipelines, numerous storage facilities and terminals as well as other processing facilities, our pick is a vital link in the energy system. Because of this huge moat and standing, it profited handsomely in the current environment.
Investors have won as well. Thanks to its tax status as a master limited partnership (MLP), its cash flows right into investors pockets as a high-yield. With over 25 years’ worth of dividend increases under its belt, investors should watch for the stock when it goes ex-dividend next on Friday, July 29 (estimated date).
You can check out the Best Energy Dividend Stocks List to explore all the stocks.
