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This 6%-Yielding Energy Stock Is Nearly Immune to Lower Oil Prices

TheMotleyFool

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This 6%-Yielding Energy Stock Is Nearly Immune to Lower Oil Prices

Canadian energy infrastructure giant TC Energy (NYSE: TRP) designed its business to withstand the ups and downs of the volatile oil market. That durability was apparent during the third quarter as the energy company delivered solid financial results despite the turbulent market conditions. Because of that, its 6%-yielding dividend remains on a very sustainable foundation.

Metric

Q3 2020

Source Fool.com

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