2 Energy Dividend Stocks to Buy in August for Steady Income
They both offer above-average yields, supported by steady businesses.
Overview
This has been a good year so far for the energy sector. S&P 500 energy companies are collectively up 32.7% as of the start of August, leading all other sectors. Energy companies aren't known for tech-like growth, but they're heavyweights when it comes to dividends.
If you're looking to add a couple of dividend stocks to your portfolio this month, Energy Transfer (NYSE: ET) and Chevron (NYSE: CVX) are good options to consider.
Image source: The Motley Fool.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.