The 3 Safest Energy Dividends Right Now
Energy stocks have a spotty dividend track record because of the sector's volatility. Many energy companies have reduced or suspended their payouts during an industry downturn to preserve cash.
However, a few energy stocks stand out as rock-solid options for those seeking income. Three of the safest energy dividends are Crestwood Equity Partners (NYSE: CEQP), Enterprise Products Partners (NYSE: EPD), and Kinder Morgan (NYSE: KMI). These midstream companies all generate stable cash flow backed by long-term, fixed-rate contracts, which is just one of the factors that makes them among the sector's safest dividend stocks these days.
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Source Fool.com
