4 High-Yield Energy Stocks You Can Hold for Years

The world needs more energy to meet steadily growing demand. According to the International Energy Agency, total energy demand will grow by more than 20% through 2040. While renewable energy sources will grow fastest, fossil fuels will continue playing a vital role in powering the global economy.

Because of that, the world will need to continue building more infrastructure to support fossil fuels, especially for cleaner-burning natural gas. That should give pipeline companies the fuel to continue growing their big-time dividends. This outlook suggests leading pipeline companies Enterprise Products Partners (NYSE: EPD)Energy Transfer (NYSE: ET)Kinder Morgan (NYSE: KMI), and Williams (NYSE: WMB) should remain attractive options for those seeking durable passive-income streams.

Enterprise Products Partners has been an excellent income stock over the years. The master limited partnership (MLP) has increased its distribution to investors for 24 straight years. It has grown its payout by 5.6% over the past year, pushing its yield to 7.6%. That's multiples above the 1.7% dividend yield offered by an S&P 500 index fund. 

Continue reading


Source Fool.com