With no end in sight to the Russian conflict with Ukraine, finding safe and reliable sources of energy has continued to be the paramount issue. Canada has quickly emerged as a front runner for supplying the world, and our latest Best Monthly Dividend Stocks List pick happens to be in the thick of it, producing ample cash flow and supporting a nearly 6% yield. Investors can take advantage of that opportunity before the stock goes ex-dividend on Tuesday, November 15!
Our pick operates in some of Canada’s most fertile natural gas fields. It is our pick’s pipelines that help bring this production to market, including plenty of liquefied natural gas (LNG) export facilities ready to ship gas overseas to Europe. With growing volumes, our pick continues to see its cash flow rise.
At the same time, our pick continues to use excess cash to build out capacity, make bolt-on transactions and grow its position in Canada’s shale fields. The end result is a strong monthly dividend payer with plenty of growth on the horizon.
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.
