The 3 Safest Energy Dividends Right Now
Dividends are tangible returns on your investments in stocks -- and if you've left the workforce, they can help provide the cash you need to live a comfortable life. But only if you keep getting paid. That's why you need to focus on more than just dividend yield, and look at dividend safety as well. Here are three companies from the broader energy group that provide a good mix of income and safety.
Enterprise Products Partners (NYSE: EPD) is one of the largest midstream companies in North America, with a collection of assets that help move oil and natural gas around the world. It would be virtually impossible for a competitor to recreate this $50 billion market cap company's portfolio. Its business is largely based on fees, so it gets paid for the use of its assets. The often-volatile price of the commodities passing through its system aren't as important as demand for those commodities. And here's the best part: Its distributable cash flow covered the third-quarter distribution by 1.6 times.
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Source Fool.com
