Looking at Energy Stocks? Consider This Unique 3.7% Yielding Natural Gas Dividend King.
Historically, utility stocks have been considered so safe that even widows and orphans could own them. Obviously, that's a blanket statement that shouldn't be applied to every utility, even one like National Fuel Gas (NYSE: NFG), which sits within the rarefied group of companies known as Dividend Kings. But, for conservative investors looking at the energy patch (not utility stocks), this unique utility might make a strong addition. There's a lot to unpack.
National Fuel Gas has increased its dividend every year for 53 consecutive years. That's an impressive record, making the company a Dividend King, and it speaks to an incredible amount of consistency. Meanwhile, the dividend yield today is a fairly attractive 3.7%. That's comfortably above the average utility, which has a roughly 3.3% yield, using Vanguard Utilities ETF as a proxy.
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Source Fool.com