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Markets · Investing · Business
Finance
This Energy Stock Pays an 8% Dividend, and Nobody's Talking About It
Hess Midstream isn't winning any energy sector popularity contests, but income investors shouldn't overlook this stock.
The energy sector is a dividend investor's delight. By my count, 53 energy stocks trading in the U.S. sport dividend yields of at least 5%.
One interesting thing about that group is that it's not just home to the integrated oil and gas majorsof the world. Except for a handful of names, including Energy Transfer and Enterprise Products, the high-yield energy patch is home to a bevy of pipeline stocks that many investors aren't yet acquainted with.
Hess Midstream yields nearly 8% and continues to raise its dividend. Image source: Getty Images.
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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.
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