3 High-Yield Energy Stocks to Earn Passive Income for Years
The energy industry is one of the best places to find high-yield dividend stocks these days. The average yield across the sector is 4%. That's the highest in the S&P 500 and more than double the index average of 1.7%.
Three great energy stocks for passive-income seekers are Enbridge (NYSE: ENB), Duke Energy (NYSE: DUK), and NextEra Energy Partners (NYSE: NEP). They all pay high-yielding dividends that they should be able to continue growing. That makes them ideal for earning passive income in the coming years.
Enbridge has been an outstanding passive income stock over the years. The Canadian pipeline and utility giant has paid dividends to its shareholders for more than 67 years. The company has increased its payout annually for the last 27 consecutive years, growing it at an impressive 10% compound annual rate. The energy infrastructure company currently offers investors an attractive yield of 7.2%.
Source Fool.com
