5 Top Dividend Stocks to Consider Buying Right Now
Oil prices are firmly above $70 per barrel. But investors who lost money due to volatile oil prices in the last few years are rightly skeptical about investing in energy stocks. Though their prices tend to be volatile, they can provide steady dividend income in the long term.
The key is to select stocks of companies whose earnings are not overly dependent on oil prices. Here are five such stocks to consider adding to your dividend portfolio right now. The dividend yields mentioned are those at the time of this writing.
Canadian pipeline operator Enbridge (NYSE: ENB) has delivered dividend growth for 26 consecutive years. That's a long streak, including periods of extremely volatile commodity prices. Strategically located assets and regulated gas-transmission operations lend stability to the company's earnings. And it intends to continue growing its payout in the years to come.
Source Fool.com
