The Traderszone Network

Published in TZ Latest News 23 September, 2017 by The TZ Newswire Staff

The 2 Safest High-Yield Dividend Stocks in Energy

Investing in a high-yield stock isn’t worth it if the dividend winds up getting cut. The fat yield, in that case, was little more than an illusion. The energy industry has been plagued by this phenomenon in recent years, as exemplified by Kinder Morgan‘s 75% 2016 dividend cut or ENI‘s nearly 30% cut in 2015. But there are no magic tricks taking place at 6.4%-yielding Enterprise Products Partners L.P. (NYSE: EPD) or 3.8%-yielding ExxonMobil Corporation (NYSE: XOM).

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