Get Paid While You Wait: 3 Top Dividend Stocks in Energy
The energy sector is out of favor, at least partly because of the push to reduce the amount of carbon that humans generate. The thing is, shifting away from oil and natural gas is going to take decades, even under some of the most ambitious projections that currently exist. So, contrarian investors have plenty of time to invest in the sector -- and, if they pick the right energy names, their investments could end up shifting toward clean energy and paying them well all along the way. Here are three top dividend paying energy stocks to look at today as they start to change with the world around them.
At its core, Canada's Enbridge (NYSE: ENB) is a pretty boring company, collecting fees for the use of the midstream assets it owns. That should be pretty desirable for income-oriented investors, because it avoids the inherent ups and downs from the commodity-driven side of the energy space.
Enbridge is one of the largest midstream companies in North America. Its yield is a hefty 6.7%, and the dividend has been increased for over 25 consecutive years, putting it in Dividend Aristocrat land. Add in an investment-grade balance sheet and even conservative investors should like what they see.
Source Fool.com
