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Black Hills has 4.5% yield and is a dividend king.
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Chevron offers a yield of 4.9% with 38 years of dividends behind it.
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Enterprise Products Partners has 6.8% yield, supported by 26 years of distribution increases.
If you are a dividend investor today seeking high profitability, you may want to consider companies that provide energy in some form. Modern society cannot exist without reliable energy sources and thus energy companies provide a major need. This said that there are different ways to invest in high -profit shares. Here are three options that have a reliable story to increase their dividends.
Black hills (Nyse: bkh)) Provides electricity and natural gas to approximately 1.35 million customers in parts of Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. It has a 4.5% dividend yield and increases its dividend a year for a huge 55 consecutive years. Not only is the yield above the average for utilities of about 2.9%, but Black Hills is one of the few utilities that have achieved the status of dividend King.
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If this background is not enough to lure you to buy black hills, then consider some other facts. The utility’s growth of the utilities is expanding almost three times more than the US population growth. It has a $ 4.7 billion capital investment budget to help support reliable energy for its growing customer base. And the management expects the profit to increase by about 4% to 6% during the year for the foreseeable future. The dividend should continue higher with the profit as it has been done for years. Power for humans and a reliable, high -yielding dividend stock for you.
If you are not in the mood for a useful stock and instead you want an oil stock, Shevron (Nyse: CVX) Have you covered. The integrated energy giant has an attractive yield of 4.9% and increases its dividend annually for 38 consecutive years. The oil is a highly variable commodity, so the dividend series is quite impressive. Meanwhile, the average energy stock has a yield of only 3.1% or more.
Chevron was able to provide a reliable flow of income, despite the widespread changes in oil prices because of its business model. First, it has an upward exposure (drilling), medium flow (pipelines) and downstream (chemicals and refining). He also has a globally diversified portfolio. Both help the company soften the changes in the industry, as different parts of the industry and different global regions have different energy dynamics. Second, Chevron has long used his rock hard balance as an instrument to support his business and dividend through downturns. The energy giant’s debt / capital coefficient was a very low 0.15% or more at the end of 2024, so there is enough space to take debt, no matter what happens to oil prices.