The 3 Safest Energy Dividends Right Now
Dividend payments have been decimated this year because of the impact the COVID-19 outbreak is having on the economy. One of the sectors hit particularly hard has been the energy industry where dividends have plunged with oil demand. Dozens of companies have reduced or suspended their payouts with many more likely to follow unless conditions dramatically improve.
However, not all energy dividends are at risk for a reduction as the sector does boast many sustainable payouts. Three of the safest these days are those paid by TC Energy (NYSE: TRP), NextEra Energy (NYSE: NEE), and Brookfield Renewable Partners (NYSE: BEP).
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Source Fool.com
