Better Stock for Passive Income: Enbridge with Its 70+ Years of Payouts or Energy Transfer with Its 6.6% Yield?
Consistency matters more than a high yield.
Overview
With reliable cash flows and long-term deals locked in, energy companies can offer shareholders a steady stream of passive income through dividend payouts. Two examples of that are Enbridge (NYSE: ENB) and Energy Transfer (NYSE: ET).
Each company offers a dividend that yields 5% or higher, but between the two, one stands out as the better option for passive income.
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Details
Source
Originally published at www.fool.com.
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