3 Top Stocks for Dividend Investors
In the past few years, oil and gas stocks have fallen out of favor with investors. Stock prices are under pressure, pushing their yields to extremely attractive levels. Three midstream stocks offering alluring yields are Williams Companies (NYSE: WMB), Enterprise Products Partners (NYSE: EPD), and Enbridge (NYSE: ENB). Importantly, all the three stocks' dividends are well supported by cash from operations. Let's take a look at these three companies and why dividend investors should consider adding them to their portfolios.
While most other energy companies struggled during the second quarter, Williams Companies' performance stood out. The company's cash from operations for the quarter increased 7% over the year-ago quarter while its adjusted EBITDA was flat year over year. A couple of key factors contributed to Williams Companies' strong performance in a challenging market. First, its regulated gas pipelines, which serve utilities, power plants, and LNG facilities, help it generate stable revenue.
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Source Fool.com
