If You Like Dividends, You Should Love These 2 Energy Stocks
The broad S&P 500 Index yields a paltry 1.7% today, which is a reflection of the low-yield environment in which dividend investors find themselves. To discover some big dividend yields, you need to venture into out-of-favor sectors. One to consider is energy, where you'll find Total (NYSE: TOT) offering a compelling 8.2% yield and Enterprise Products Partners (NYSE: EPD) an even higher 9.6%. For dividend lovers, these two beaten-down energy giants are worth a closer look.
France's Total is one of the world's largest integrated energy companies, which means that its business spans from the well to the processing plant and all the way to the gas station. That diversification provides a great deal of balance to its business, helping it to weather tough periods. Right now, however, in the face of COVID-19-related economic shut downs, very little is going right for Total, or any of its peers. The stock is still down roughly 30% so far this year, even after the recent vaccine-related rally.
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Source Fool.com
