Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

This Energy Stock Could Offer Retirees Sustainable Income


This Energy Stock Could Offer Retirees Sustainable Income

CorEnergy Infrastructure Trust (NYSE: CORR) is unique in the oil and gas industry. While it owns traditional energy infrastructure assets like pipelines and storage terminals, it has chosen to structure as a real estate investment trust (REIT) instead of a master limited partnership (MLP). Because of that, it's an ideal option for a retirement account, which can shelter the company's lucrative 8.3%-yielding dividend. Further, that payout appears to be on a sound foundation given its solid financials, which could enable the company to grow the dividend in the coming years.

Here's a closer look at why retirees might want to consider adding this high-yielding energy stock to their portfolios.

This energy real estate stock should provide retirees with plenty of cash. Image source: Getty Images.

Continue reading


Source: Fool.com

CorEnergy Infrastructure Trust Inc Stock

€0.31
-4.290%
CorEnergy Infrastructure Trust Inc took a tumble today and lost -€0.014 (-4.290%).

Like: 0
Share

Comments