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For investors seeking reliable returns, energy stocks with a consistent history of dividend payouts are a solid choice. Here, we spotlight three such companies—Kinder Morgan, Enterprise Products Partners, and Delek Logistics Partners—each renowned for their strong dividend growth and solid dividend yields.
Kinder Morgan
Kinder Morgan, Inc. (NYSE:KMI) is one of North America’s largest energy infrastructure companies. It owns and operates around 82,000 miles of pipelines and 139 terminals. These pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2, renewable fuels, and other products, while the terminals store and handle commodities like gasoline, diesel, jet fuel, chemicals, metals, and ethanol.
Kinder Morgan has maintained dividend payments for 14 consecutive years and increased them for the past 6 years. The company pays a quarterly dividend of $0.2875 per share, or $1.15 annually, yielding 5.81%.
Over the past twelve months, Kinder Morgan generated $15.28 billion in revenue and $2.45 billion in net income.
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Enterprise Products Partners
Enterprise Products Partners L.P. (NYSE:EPD) is a leading provider of midstream energy services in North America. The company offers services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals.
Enterprise Products Partners has maintained dividend payments for 27 consecutive years and increased them for 26 years. The company pays a quarterly dividend of $0.515 per share, or $2.06 annually, yielding 7.21%.
The stock is up more than 12% YTD, and the company has beaten EPS and revenue consensus estimates for the last two quarters.
Over the past twelve months, Enterprise Products Partners generated $52.03 billion in revenue and $5.59 billion in net income.
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Delek Logistics Partners
Delek Logistics Partners, LP (NYSE:DKL) provides a range of energy logistics services through its assets and joint ventures primarily in the Permian Basin, Delaware Basin, and Gulf Coast region. The company offers gathering, pipeline, and other transportation services for crude oil and natural gas customers, as well as storage and wholesale marketing for intermediate and refined products. Additionally, it provides water disposal and recycling services.
Delek Logistics has maintained dividend payments for 12 consecutive years and increased them for 11 years. The company pays a quarterly dividend of $1.07 per share, or $4.28 annually, yielding 10.82%.
Over the past twelve months, Delek Logistics generated $1.02 billion in revenue and $121.5 million in net income.
Looking For Higher-Yield Opportunities?
The current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified some of the most attractive options for you to consider.
For instance, the Ascent Income Fund from EquityMultiple targets stable income from senior commercial real estate debt positions and has a historical distribution yield of 12.1% backed by real assets. With payment priority and flexible liquidity options, the Ascent Income Fund is a cornerstone investment vehicle for income-focused investors. First-time investors with EquityMultiple can now invest in the Ascent Income Fund with a reduced minimum of just $5,000.
Don’t miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga’s favorite high-yield offerings.
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This article Secure Your Portfolio With These Top 3 High-Yield Energy Dividend Stocks originally appeared on Benzinga.com
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