NYSE Top Energy Dividend Paying Stocks

Lee Kay
Updated

The cyclicality of the energy industry makes it hard for income investors to find high yielding stocks. However, as oil rebounded from its multi-year lows, certain energy companies are in position to earn profits. Subsequently, shareholders have growing expectations that dividend payments could increase as cash flow recovers at these companies. I’ve made a list of other value-adding dividend-paying stocks in the energy industry for you to consider for your investment portfolio.

Natural Resource Partners L.P. (NYSE:NRP)

NRP has an alluring dividend yield of 5.55% and pays 46.76% of it’s earnings as dividends . NRP is among the markets top 25% of dividend payers, which is certainly enticing for interested investors. Interested in Natural Resource Partners? Find out more here.

NYSE:NRP Historical Dividend Yield Jan 17th 18
NYSE:NRP Historical Dividend Yield Jan 17th 18

NuStar GP Holdings, LLC (NYSE:NSH)

NSH has a sumptuous dividend yield of 12.90% and the company has a payout ratio of 109.72% . In the case of NSH, they have increased their dividend per share from $1.44 to $2.18 so in the past 10 years. They have been dependable too, not missing a single payment in this time. NuStar GP Holdings’s performance over the last 12 months beat the us oil and gas industry, with the company reporting 37.57% EPS growth compared to its industry’s figure of 18.37%. Continue research on NuStar GP Holdings here.

NYSE:NSH Historical Dividend Yield Jan 17th 18
NYSE:NSH Historical Dividend Yield Jan 17th 18

Hess Midstream Partners LP (NYSE:HESM)

HESM has an appealing dividend yield of 5.82% and has a payout ratio of 32.71% , with the expected payout in three years being 89.12%. HESM’s 5.82% yield puts it in the top quartile of US payers. When we compare Hess Midstream Partners’s PE ratio with its industry, the company appears favorable. The US Oil and Gas industry’s average ratio of 15.1 is above that of Hess Midstream Partners’s (12). More on Hess Midstream Partners here.

NYSE:HESM Historical Dividend Yield Jan 17th 18
NYSE:HESM Historical Dividend Yield Jan 17th 18

For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.