Here Are My Top 2 High-Yield Energy Stocks to Buy Now
As a dividend investor, I appreciate a high-yield stock with a rock solid business behind it. One of my biggest preferences, however, is for simplicity. It's hard enough tracking a portfolio of stocks -- why gum up the process with overly complex investments? That's why I am a big fan of Black Hills (NYSE: BKH) and TotalEnergies (NYSE: TTE) today.When it comes to dividend stocks, you can find high yields fairly easily. For example, master limited partnership (MLP) Energy Transfer has a huge 7.7% distribution yield. However, this midstream giant cut its dividend in 2020, right when investors probably would have preferred a reliable income stream thanks to the coronavirus pandemic. And in 2016, it scuttled a deal to buy peer Williams that Energy Transfer itself had initiated. In the process, it made some moves that suggested that the MLP was looking out for insiders rather than worrying about unitholders. That's a terrible backdrop and not something I want to get involved in.Image source: Getty Images.Continue reading

As a dividend investor, I appreciate a high-yield stock with a rock solid business behind it. One of my biggest preferences, however, is for simplicity. It's hard enough tracking a portfolio of stocks -- why gum up the process with overly complex investments? That's why I am a big fan of Black Hills (NYSE: BKH) and TotalEnergies (NYSE: TTE) today.
When it comes to dividend stocks, you can find high yields fairly easily. For example, master limited partnership (MLP) Energy Transfer has a huge 7.7% distribution yield. However, this midstream giant cut its dividend in 2020, right when investors probably would have preferred a reliable income stream thanks to the coronavirus pandemic. And in 2016, it scuttled a deal to buy peer Williams that Energy Transfer itself had initiated. In the process, it made some moves that suggested that the MLP was looking out for insiders rather than worrying about unitholders. That's a terrible backdrop and not something I want to get involved in.
Image source: Getty Images.