For committed, patient long-term income investors, some of the best opportunities, in terms of both yield and payout growth, can be found in the energy patch.
The sector's status as a payout haven encompasses a broad range of names, from pipeline stocks to some of the world's largest oil companies. Many market participants opt for familiarity and reliability, which helps explain why ExxonMobil and Chevron are hits with dividend investors. The two largest U.S. domestic oil companies have dividend increase streaks of 43 and 39 years, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
To be sure, those are impressive runs, but barring any surprises, those companies are likely to continue raising their payouts at low-single-digit percentages. Income-hungry investors seeking rapid dividend growth should look to the midstream segment, home to Sunoco LP (NYSE: SUN). Indeed, this pipeline company has sunny dividend potential.
First, a housekeeping item. Sunoco LP is not the same as SunocoCorp LLC (NYSE: SUNC). However, the latter "owns a direct limited partner interest in Sunoco LP." Interestingly, Sunoco LP's general partner is owned by Energy Transfer, one of the most beloved large-cap names in the midstream income ******* e.
#Dividend #Companies #energy
The sector's status as a payout haven encompasses a broad range of names, from pipeline stocks to some of the world's largest oil companies. Many market participants opt for familiarity and reliability, which helps explain why ExxonMobil and Chevron are hits with dividend investors. The two largest U.S. domestic oil companies have dividend increase streaks of 43 and 39 years, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
To be sure, those are impressive runs, but barring any surprises, those companies are likely to continue raising their payouts at low-single-digit percentages. Income-hungry investors seeking rapid dividend growth should look to the midstream segment, home to Sunoco LP (NYSE: SUN). Indeed, this pipeline company has sunny dividend potential.
First, a housekeeping item. Sunoco LP is not the same as SunocoCorp LLC (NYSE: SUNC). However, the latter "owns a direct limited partner interest in Sunoco LP." Interestingly, Sunoco LP's general partner is owned by Energy Transfer, one of the most beloved large-cap names in the midstream income ******* e.
#Dividend #Companies #energy
2 months ago
