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This Energy Stock Could Offer Retirees Sustainable Income


This Energy Stock Could Offer Retirees Sustainable Income

CorEnergy Infrastructure Trust (NYSE: CORR) is unique in the oil and gas industry. While it owns traditional energy infrastructure assets like pipelines and storage terminals, it has chosen to structure as a real estate investment trust (REIT) instead of a master limited partnership (MLP). Because of that, it's an ideal option for a retirement account, which can shelter the company's lucrative 8.3%-yielding dividend. Further, that payout appears to be on a sound foundation given its solid financials, which could enable the company to grow the dividend in the coming years.

Here's a closer look at why retirees might want to consider adding this high-yielding energy stock to their portfolios.

This energy real estate stock should provide retirees with plenty of cash. Image source: Getty Images.

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Source: Fool.com

CorEnergy Infrastructure Trust Inc Aktie

0,31 €
-4,29 %
Ein großer Verlust für CorEnergy Infrastructure Trust Inc heute, der Kurs sinkt um -4,29 %.

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