We’ve now entered the next phase of the Russian energy crisis – filling demand. With Russian supplies now off the market and the world’s energy needs still growing, it’ll take a lot of muscle to satiate demand. Luckily, our latest Best Energy Dividend Stocks List pick is more than up to the task.
Our pick is one of the few owners of key infrastructure needed to bring natural gas overseas and into European pipelines/storage. Its liquefaction facility, which turns natural gas into LNG, has seen surging demand in recent quarters as producers and end-users tap its key infrastructure to get the gas they need. So much so that our pick has recently announced expansion projects at the facility to increase capacity and meet surging demand.
For investors, the end result is strong cash flows and growth. And since our pick is structured as a master limited partnership (MLP) those cash flows pass through to investors pockets as a large tax-advantaged 7.8% yield. Given the surging demand, 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.
